19               Item 19 Item 19   Which of the following standard-setting bodies requires a management’s discussion and analysis as a part of the financial report?   Multiple Choice   GASB.   FASB.   FASAB.   Both GASB and FASAB.         20               Item 20 Item 20   On what do the government-wide financial statements report?   Multiple Choice   Operational accountability.   Fiscal accountability.   The cost of government services.   Budgetary compliance.

Auditing: A Risk Based-Approach (MindTap Course List)
11th Edition
ISBN:9781337619455
Author:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Publisher:Karla M Johnstone, Audrey A. Gramling, Larry E. Rittenberg
Chapter3: Internal Control Over Financial Reporting: Responsibilities Of Management And The External Auditor
Section: Chapter Questions
Problem 30RQSC: Refer to Exhibit 3.10 and Exhibit 3.11. Describe management’s process for evaluating internal...
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19

 

 

 

 

 

 

 

Item 19

Item 19

 

Which of the following standard-setting bodies requires a management’s discussion and analysis as a part of the financial report?

 

Multiple Choice

  •  

    GASB.

  •  

    FASB.

  •  

    FASAB.

  •  

    Both GASB and FASAB.

 
 

 

 

20

 

 

 

 

 

 

 

Item 20

Item 20

 

On what do the government-wide financial statements report?

 

Multiple Choice

  •  

    Operational accountability.

  •  

    Fiscal accountability.

  •  

    The cost of government services.

  •  

    Budgetary compliance.

 
 
 
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