The document often relied on for financial analysis by investors and creditors for bonds in the secondary market is:
A) the official statement issued by the government issuing the bonds.
B) the comprehensive annual financial report.
C) an analysis prepared by the government's auditor.
D) none of the above.

Question

Quizplus · Accepted Answer

The comprehensive annual financial report provides detailed financial information about a government, including its assets, liabilities, revenues, and expenses. This information is essential for investors and creditors to assess the financial health of a government and make informed decisions about investing in its bonds.

The Document Often Relied on for Financial Analysis by Investors