Rule: The focus of government-wide financial statements is the government's responsibility to report the extent to which they have met their operating objectives efficiently and effectively, using all resources available for that purpose, and the extent to which they can continue to meet their objectives for the future. Choice "A" is correct. Government-wide financial statements focus on operational accountability per above rule.Choice "d" is incorrect. Although all financial statements serve to demonstrate financial accountability in some way, the government-wide financial statements most specifically focus on operational accountability.
Choice "b" is incorrect. Fund financial statements focus on fiscal accountability. Fund financial statement accountability objectives complement government-wide financial statement accountability objectives.
Choice "c" is incorrect. Functional accountability is a distracter.