Take the following as truth: (2) required audited financial statements annually, and (3) set expectations for agencies to develop and deploy more modern financial management systems, produce sound cost and operating performance information, and design results oriented reports on the government's financial condition by integrating budget, accounting, and program information.
Then the following statement: "Everyone in the government felt that the requirement for annual audited financial statements was the most important development." is true, false, or inconclusive?
Answer: Inconclusive