1. The government-wide statement of activities should report which of the following categories of program revenues?

I. Taxes and unrestricted grants.

II. Charges for services.

III. Program-specific restricted capital grants and contributions.

A. I only.

B. II and III only.

C. I and III only.

D. I, II and III.

2. The governmental funds operating statement presents all of the following except

A. Revenues.

B. Other financing sources.

C. Expenses.

D. Expenditures.