1) A state or local governments change in fiduciary net position

a) Must be reconciled with the change in net position of governmental activities in the government-wide statement of activities.

b) Must be reconciled with the change in net position in the government-wide statement of net position.

c) Must be reconciled with the change in net position of business-type activities in the government-wide statement of activities.

d) Cannot be reconciled with the government-wide statements.

2) Fiduciary fund financial statements report

a) Information by major fund.

b) Three components of net position.

c) No separate statements for individual pension plans.

d) A separate column for each fund type.