Question: A government s Comprehensive Annual Financial Report CAFR is divided into

A government’s Comprehensive Annual Financial Report (CAFR) is divided into three main sections. Numbered below is a list of items from a municipality’s CAFR. Indicate whether each is found in the introductory, financial or statistical section. If the item falls within the financial section, specify whether it is included in:
• The management’s discussion and analysis (MD&A)
• The basic financial statements
• Required supplementary information other than the MD&A
• Combining statements and schedules
1. A balance sheet of non-major special revenue funds.
2. A GFOA certificate of achievement for excellence in financial reporting.
3. Data on general revenues, by source, for the past 10 years.
4. A letter of transmittal.
5. An analysis of balances of individual funds.
6. A government-wide statement of activities.
7. The total unfunded actuarial liability of a pension plan for the past three years.
8. Dataonpropertytaxcollectionsforthepast10 years.
9. A statement of revenues, expenses, and changes in fund net assets for the city’s utility fund (one of two major enterprise funds).
10. A statement comparing budgeted and actual revenues and expenditures for a special revenue fund.
11. A statement of cash flows for a non-major enterprise fund.

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