For each characteristic, concept, or financial reporting requirement listed below. Select X in the type of organization column if the item applies to that type of organization. Leave a cell blank if the item does not apply Characteristic, Concept,State and Local Federal Nong Nongovernmental Not-for-profit Organizations or Financial Reporting Requirement Governments Government Organization-wide financial statements Management's discussion and analysis (MD&A) Annual performance report Modified accrual Reporting of program expenses separate from supporting expenses Absence of defined ownership interests Standards set by GASB Standards set by FASEB Standards set by FASAB Standards focused on both internal and external users of financial information