In Its Government-Wide Statement of Net Position, a County Government

Multiple Choice

In its government-wide statement of net position, a county government reports total assets of $400 million for governmental activities. In the governmental funds balance sheet, total assets for governmental funds are $100 million. Which item could explain why total assets of governmental activities is higher than total assets of governmental funds?

A) Fair value of derivative investments
B) Due from other governmental funds
C) Due from other governments
D) Deferred outflows of resources