RSI stands for?

• A. Required standard information
• B. Regular supplementary information
• C. Related supplementary information
• D. Required supplementary information

Answer: (D)

In government accounting, RSI refers to information the government is required to provide in addition to the basic financial statements to give users context for assessing financial health and obligations. This information is categorized as Required Supplementary Information because the GASB mandates its presentation to accompany the financial statements, even though it isn’t part of the core statements themselves. Typical examples include budgetary comparison schedules and actuarial schedules showing pension or other postemployment benefit funding progress and contributions. The other proposed phrases aren’t recognized terms in GASB practice, so they don’t fit the standard terminology used for this reporting requirement.