Solution-Does the report reflect prior period corrections

Does the report reflect prior period corrections

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Reference no: EM132629055

Question 1: Does the report reflect prior period corrections? If so, for what purpose were they made? If so, how are they reported?

On Statement of Revenues, Expenditures, and Changes in Fund Balance-Budget and Actual

Question 2: A government may choose to report its budgetary comparison as (1) a basic financial statement or (2) required supplementary information following the notes to the financial statements. Is your government's budgetary comparison a statement or a schedule?

Question 3: Are both the original and final budget columns presented?

Reference no: EM132629055

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Does the report reflect prior period corrections

Reference no: EM132629055

Reference no: EM132629055

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