Where would federal agencies report information concerning their performance goals and performance results, along with their future challenges?
A) Other accompanying information.
B) Required supplemental information.
C) Management discussion and analysis.
D) Notes to the financial statements.

Question

Quizplus · Accepted Answer

Federal agencies would report information concerning their performance goals, performance results, and future challenges in the Management Discussion and Analysis (MD&A) section of their annual performance reports. The MD&A is a required supplemental information to the financial statements that provides context and analysis for the agency's performance. Other accompanying information and notes to the financial statements may provide additional details but are not typically the primary source for discussing performance goals and results.

Where Would Federal Agencies Report Information Concerning Their Performance Goals