A government's financial condition
A) Is another term for its financial position as reported in the government-wide statement of net position.
B) Is its ability to finance its services and satisfy its obligations on a continuing basis.
C) Can adequately be assessed from the financial section of its CAFR.
D) Depends primarily upon the national economy.

Question

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The Answer of A government's financial condition
A) Is another term for its financial position as reported in the government-wide statement of net position.
B) Is its ability to finance its services and satisfy its obligations on a continuing basis.
C) Can adequately be assessed from the financial section of its CAFR.
D) Depends primarily upon the national economy.

A Government's Financial Condition