Which of the following is true regarding the Comprehensive Annual Financial Report?
A) The basic financial statements consist of the government-wide, the governmental fund, the proprietary fund, and the fiduciary fund financial statements (and the notes to the financial statements).
B) The government-wide financial statements include the Statement of Net Assets, the Statement of Activities, and the Statement of Cash Flows.
C) Both of the above.
D) Neither of the above.

Question

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The Answer of Which of the following is true regarding the Comprehensive Annual Financial Report?
A) The basic financial statements consist of the government-wide, the governmental fund, the proprietary fund, and the fiduciary fund financial statements (and the notes to the financial statements).
B) The government-wide financial statements include the Statement of Net Assets, the Statement of Activities, and the Statement of Cash Flows.
C) Both of the above.
D) Neither of the above.

Which of the Following Is True Regarding the Comprehensive Annual