_____ for a Public C&U, a Statement of Cash Flows Is

Multiple Choice

_____ For a public C&U, a statement of cash flows is required only if the public C&U is

A) Engaged only in governmental activities.
B) Engaged only in business-type activities.
C) Engaged (1) in both governmental activities and business-type activities or (2) only in and business-type activities.
D) None of the above-a cash flow statement is always required.
E) None of the above-a cash flow statement is never required.