Which financial statements are prepared for a Custodial Fund?
A) Only a statement of fiduciary net position
B) Only a statement of changes in fiduciary net position
C) A statement of fiduciary net position and a statement of changes in fiduciary net position
D) A statement of fiduciary net position, a statement of changes in fiduciary net position, and a cash flow statement
Correct Answer:
Verified
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