A Comprehensive Annual Financial Report for the City of Highland Hills need not include which of the following sections?
A)Condensed summary data.
B)Introductory section.
C)Financial section.
D)Statistical section.

Question

Quizplus · Accepted Answer

A comprehensive annual financial report for a local government entity, such as the City of Highland Hills, must include an introductory section, financial section, and a statistical section. However, a condensed summary data section is not required, although it can be included for the benefit of readers who desire a condensed summary of the main financial and operating data contained in the other sections.