Problem 1: Identifying where disclosures are made in a CAFR The financial section of a CAFR includes the auditor's opinion, management's discussion and analysis, government-wide and fund financial statements, the notes to the financial statements, required supplementary information, and combining and individual fund financial statements. The financial section is followed by the statistical section. Required: State where each of the following disclosures would be reported in a CAFR, using the letters A, B, C, and D for your answers. A. MD&A B. Notes C. RSI D. Statistical. 1. An analysis of the government's overall financial position and results of operations to assist users in assessing whether the financial position has improved or deteriorated as a result of the year's activities. 2. A description of a blended component unit of the primary government. 3. A description of currently known facts, decisions, or conditions that are expected to have a significant effect on financial position or results of operations. 4. Disclosure of the original budgets for estimated revenues, appropriations, and estimated other financing sources (uses), the final budgets for these items, and the actual inflows and outflows for the year for the general fund. 5. 10-year schedules of data relevant to a government's revenue capacity, such as taxable assessed value and estimated actual value of taxable real property. 6. The time period(s) used to determine availability when applying the modified accrual basis of accounting to property tax and other general fund revenues. 7. A description of pension plans, including types of benefits and major elements of the pension formulas, plan membership, and contribution requirements. 8. A list of the principal employers and property taxpayers who reside in the government for the current and the previous 9 years. 9. A description of capital assets and long-term debt activity during the year. 10. A discussion of significant differences in specific items reported on the government-wide financial statements this year compared to the previous year. 11. A schedule that discloses the funding progress and employer contributions for the police and firefighters' pension plans. 12. Disclosure of interest rate risk and credit risk related to investments made by the government. 13. A schedule which discloses the unmatured principal amounts for all general obligation bonds as of the balance sheet date. 14. A description of each of the major governmental funds. 15. An analysis of significant changes that occurred in funds during the past year. 16. A description of a discretely presented component unit of the local government.