Statistical tables included in the Comprehensive Annual Financial Report are intended to help users by providing what kind of information?
A)detailed data on the financial position and results of operations of each individual fund
B)additional financial,economic,and demographic data helpful in placing the financial statements of a government in a broader context
C)data showing whether the entity has delivered public services efficiently and effectively
D)an overview of the financial position and results of operations of the entity as a whole

Question

Quizplus · Accepted Answer

The statistical tables included in the Comprehensive Annual Financial Report are intended to provide additional financial, economic, and demographic data that helps users place the financial statements of a government in a broader context. This information can include data on the population served by the government, economic indicators, and fiscal policies. It is not intended to show whether the entity has delivered public services efficiently or effectively nor detailed data on the financial position and results of operations of each individual fund, but rather an overview of the financial position and results of operations of the entity as a whole.

Statistical Tables Included in the Comprehensive Annual Financial Report Are