Fiduciary Funds Are not Included in the Government-Wide Financial Statements

Multiple Choice

Fiduciary Funds are not included in the Government-wide Financial Statements because:

A) These Funds use the modified accrual basis of accounting.
B) The resources are not available to the reporting unit.
C) The government doesn't keep track of these types of funds.
D) These funds do not have a material effect on the financial statements.