The summary of significant accounting policies in the notes to the financial statements includes all of the following information EXCEPT

C The Summary of Significant Accounting Policies (SSAP), included in the notes to the financial statements, typically includes: Description of the reporting entity Basis of presentation and accounting principles Methods used to apply those principles Policy changes from prior years However, disclosures regarding receipt or use of budget authority are not included in the SSAP. Budget authority and execution are typically addressed in the Required Supplementary Information (RSI) or other budgetary sections of federal financial reports. Relevant Reference: FASAB SFFAS No. 34 – Notes to the Financial Statements OMB Circular A-136 – Section II.4.4: Summary of Significant Accounting Policies GAO Federal Accounting Handbook Answer : C. disclosure of receipt of budget authority from the entity