Which of the Following Is (Are)accurate Regarding a Federal Agency's

Multiple Choice

Which of the following is (are) accurate regarding a federal agency's Statement of Net Costs?

A) The costs of government activities are presented by the reporting agency's strategic goals.
B) Net costs reported on the Statement of Net Costs may differ from those appearing in the Statement of Changes in Net Position, since the latter are measured on the budgetary basis.
C) Both (a) and (b) above
D) Neither (a) nor (b) above