Multiple Choice
Which of the following is true regarding the government-wide statements?
A) The governmental activities portion of the government-wide statements is prepared using the current financial resources measurement focus and modified accrual basis of accounting.
B) The government-wide statements include a Statement of Net Position and a Statement of Activities.
C) Both of the above.
D) Neither of the above.
Correct Answer:

Verified
Correct Answer:
Verified
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