Which of the Following Is False Regarding Government-Wide Financial Statements

Multiple Choice

Which of the following is false regarding government-wide financial statements?

A) Government-wide financial statements are prepared using the accrual method of accounting
B) General capital assets are required to be reported on the government-wide balance sheet.
C) Worksheet entries are required to change the enterprise fund financial statements to the accrual basis of accounting
D) GASB requires a reconciliation from fund financial statements to government-wide financial statements