Management's Discussion and Analysis is

A. Part of the basic financial statements.
B. Included in the introductory section of a CAFR.
C. Required supplementary information.
D. Optional in a CAFR.

C

Business

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A valid affirmative action plan does not:

A. set aside positions for women or minorities. B. give qualified women and minorities extra consideration such that they need not be the best qualified. C. create any possibility of reverse discrimination claims. D. set numerical goals.

Business

The cost principle requires a business to record the assets acquired, or services received, at their actual cost

Indicate whether the statement is true or false

Business