The City of Perk fully complied with GASB #34 in the development of their financial statements for the year ended December 31, Year 1. From the option choices below, select the location of the report where readers of the city’s financial statements would expect to find the numbered information and enter your answers in the shaded cells below. Option choices (note the use of the numbered answer key): 1 = Required Supplementary Information before the Basic Financial Statements
2 = Basic Financial Statements
3 = Required Supplementary Information after the Basic Financial Statements
A description of the city's application of the modified accrual basis of accounting including the number of days used to determine "available-for satisfaction of the measurable and available criteria