Which of the following popular reports would be eligible for the Popular Annual Financial Reporting Program?

The Popular Annual Financial Reporting Program (PAFRP) seeks to encourage municipalities and governmental entities to present financial information in a simplified format that is accessible and understandable to the general public.

A report that is eligible for the PAFRP must be based on the Comprehensive Annual Financial Report (CAFR) of a government entity and should adhere to the program's guidelines, which focus on clarity, simplicity, and availability of relevant information. Therefore, a simplified report that is derived from the CAFR of a government that has participated in the Certificate Program is specifically designed to fulfill these criteria, making it suitable for the PAFRP.

By basing a popular report on the CAFR, the entity can ensure that they are using reliable and comprehensive financial data while presenting it in a more digestible format for the public. This approach balances the need for compliance with rigorous financial standards while promoting transparency and accessibility.

The other options, while potentially related to creating simplified reports, do not align with the specific requirements of the PAFRP as closely as a report based on a governmental CAFR within the Certificate Program.