Question: Why must raw data, such as that compiled by the GFOA, be converted to useful geographical and population strata benchmarks? This method results in the
Why must raw data, such as that compiled by the GFOA, be converted to useful geographical and population strata benchmarks? This method results in the most favorable ratios. No comprehensive benchmark values based on up-to-date financial data are available. GASB prohibits the use of comprehensive benchmark values
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