Which of the following is true regarding Service Efforts and Accomplishments Reporting?
A) SEA reporting utilizes both financial and non-financial performance measures.
B) GASB standards require the reporting of service efforts and accomplishments for public school systems.
C) Service efforts and accomplishments reporting is commonly covered by the auditor's opinion.
D) All of the above.

Question

Quizplus · Accepted Answer

The framework for combining financial and nonfinancial information to more effectively communicate organizational effectiveness is termed Service and Accomplishments Reporting. GASB has issued no standards for Service Efforts and Accomplishments Reporting; it is voluntary. Audit opinions are not associated with SEA reporting.

Which of the Following Is True Regarding Service Efforts and Accomplishments