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12 April, 17:20

On what do the government-wide financial statements report? (A) Fiscal accountability. (B) Operational accountability (C) budgetary compliance (D) The cost of government services

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  1. 12 April, 17:28
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    Answer: (B) Operational accountability

    Explanation: Government-wide financial statements report all financial transactions for the government over the year and usually includes a Statement of Net Position and a Statement of Activities, the sense is report on the government as a whole, These statements are generally used for state and local governments, balances are included too but not necessary.
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