Which of the Following Is a Plausible Explanation for the Difference

Which of the following is a plausible explanation for the difference between the net change in fund balances of governmental funds (fund-level statement of revenues,expenditures,and changes in fund balances) and the change in net position of governmental activities (government-wide statement of activities) ?

A) Some expenses reported in the statement of activities do not require the use of current financial resources and are not reported as expenditures in the fund-level statements
B) Amounts reported as expenditures in the statement of activities are reported as capital assets in the fund-level statements
C) Debt proceeds provide current financial resources in the statement of activities,but are reported as long-term liabilities in the fund-level statements
D) Depreciation of general fixed assets is not reported as an expense in the statement of activities,but it is reported as an expense in the fund-level statements