Fund financial statements include which of the following for a governmental fund?
A) Statement of Net Assets and Statement of Changes in Net Assets.
B) Statement of Net Assets, Statement of Changes in Net Assets, and Statement of Cash Flows.
C) Balance Sheet; Statement of Revenue, Expenditures, and Changes in Fund Balance; and Statement of Cash Flows.
D) Balance Sheet; and Statement of Revenue, Expenses, and Changes in Fund Balance.
Correct Answer:
Verified
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