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

Multiple Choice

Which of the following is true regarding the government-wide Statement of Activities?

A) In the government-wide Statement of Activities, "special items" are those items that are both unusual and infrequent and are not under the control of management.
B) Transfers between governmental and business type activities are eliminated and do not appear on the government-wide Statement of Activities.
C) The Statement of Activities includes depreciation expense.
D) Taxes levied, including those restricted to a particular purpose, are reported as program revenue.