Text: (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.
Entailment: The development of more modern systems of financial management was under the third point.
Contradiction: The expectation for annual audited financial statements wasn't mentioned at any point.