Choice "C" is correct. A comprehensive annual financial report is divided into three sections: an introductory section, the basic financial statements along with other required supplementary information mandated by GASB #34 and the statistical section. The statistical section, by definition, is not part of the basic financial statements.Choice "a" is incorrect. Statistical tables generally provide ten years of historical financial information. There is no limitation with regard to presenting two years or less of data.Choice "d" is incorrect. Statistical tables include a variety of accounting and non-accounting data including property values, tax rates on overlapping governments, demographic statistics, etc.
Choice "b" is incorrect. The statistical tables are not viewed as an integral part of the basic financial statements.