Which of the following is not a primary financial reporting objective of state and local government (SLG)

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Which of the following is not a primary financial reporting objective of state and local government (SLG) reporting?

A. Provide information necessary to assess the level of LG services and its ability to continue to finance its activities and meet its obligations.

B. Provide information necessary for investment and credit decisions.

C. Provide a means of demonstrating the SLG's accountability that enables users to assess that accountability.

D. Provide information necessary to evaluate the SLG's operating results for the period.

Related Book For answer-question

Core Concepts of Government and Not For Profit Accounting

ISBN: 978-0471737926

2nd edition

Authors: Michael H. Granof, Penelope S. Wardlow

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Posted Date: Aug 07, 2022 06:29 AM

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Which of the following is not a primary financial reporting objective of state and local government (SLG)

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ANSWER B Provide information necessary for investment and credit decisions The information needs of ... View the full answer

Core Concepts of Government and Not For Profit Accounting

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