5. Which of the following is true regarding the government-wide financial statements? a) The government-wide statements include a Statement of Net Position and a Statement of Activities. b) The governmental activities portion of the government-wide statements is prepared using the modified accrual basis of accounting. c) The financial statements show the major funds separately, plus include a consolidation of all the other funds. d) All of the above are correct. Oe) Only answers a) and b) are correct