Which of the Following Is True Regarding the Government-Wide Financial

Multiple Choice

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

A) Government-wide statements include the Statement of Net Position, the Statement of Activities, and the Statement of Cash Flows.
B) Government-wide statements are prepared using the economic resources measurement focus and accrual basis of accounting.
C) Both of the above are true.
D) Neither of the above is true.