Question: Using the Comprehensive Annual Financial Report obtained for Exercise 11, answer the following questions. Exercise 2-1 Part b b. From the MD&A in your report,
Using the Comprehensive Annual Financial Report obtained for Exercise 11, answer the following questions. Exercise 2-1 Part b b. From the MD&A in your report, write a short summary of (1) the financial condition of your government, (2) a comparison of revenues compared with the prior year, (3) a comparison of expenses compared with the prior year, and (4) a comparison of budgeted and actual activity.
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