Which of the Following Is Not True Regarding the Government-Wide

Multiple Choice

Which of the following is not true regarding the government-wide financial statements?

A) The government-wide financial statements are not required to present prior-year data.
B) The government-wide financial statements include a Statement of Net Assets, Statement of Activities, and Statement of Cash Flows.
C) The government-wide financial statements include capital assets, including infrastructure, and reflect depreciation, except for infrastructure using the modified approach.
D) All of the above are true.