Which of the following is not considered Required Supplementary Information (RSI)?
A) Notes to the financial statements.
B) Budgetary Comparison Schedule.
C) Management's Discussion and Analysis.
D) None of the above; all are considered RSI.

Question

Quizplus · Accepted Answer

Notes to the financial statements are not considered RSI, as they are an integral part of the financial statements themselves. RSI includes supplementary information required by the accounting framework or regulatory authorities, but is not considered part of the financial statements. Examples of RSI include the budgetary comparison schedule and management's discussion and analysis.

Which of the Following Is Not Considered Required Supplementary Information