Take the following as truth: This broad guidance was intended to provide the basic reporting requirements while allowing each entity maximum flexibility in such areas as determining what constitutes the individual stewardship items for that entity, which costs are directly attributable to the stewardship item, and how best to report on multi-use items so that users will gain the best picture of the entity's financial and performance information.
Then the following statement: "The narrow guidance meant to give basic reporting standards while giving each agency flexibility in making decisions." is true, false, or inconclusive?
Answer: False