Which of the Following Is True Regarding Pension Accounting and Reporting

Which of the following is true regarding pension accounting and reporting?

A) Local governments include only the pension plans for which it is trustee in pension trust funds Statement of Fiduciary Net Position.
B) The pension trust fund Statement of Fiduciary Net Position reflects the net pension liability the excess of the total benefit obligation over the net position available for benefits.
C) Both A and B.
D) Neither A nor B.