Final answer:
According to GASB codification sec. 2800, when statistical information is presented categories should include population and economic information.
Step-by-step explanation:
GASB codification section 2800 requires statistical sections to include population and economic information, which offers context for understanding financial transactions and changes over time.
This type of data provides context for assessing the financial transactions and conditions reported in the financial statements. It also assists users in understanding and evaluating how those financial affairs change over time. Such information might include demographic and economic statistics, fiscal capacity indicators, and employment rates which are pertinent to portraying a government's economic environment and activity level.
Furthermore, the inclusion of this information helps to offer a comprehensive understanding of the government entity's performance and trends. These details enable comparisons across different governmental entities and can provide insights for budgeting, policymaking, and investment decisions, highlighting the relationship between financial data and the socio-economic factors that influence it.