Multiple Choice
Which financial statements are required to be prepared for governmental funds in the fund-level financial statements?
A) balance sheet and statement of cash flows
B) balance sheet and statement of revenues,expenditures,and changes in fund balances
C) statement of fiduciary net assets and statement of revenues,expenditures,and changes in fund balances
D) balance sheet and statement of revenues,expenses,and changes in fund net assets
Correct Answer:
Verified
Correct Answer:
Verified
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