Pension reporting for state and local governments that have established a qualifying irrevocable trust require that: Select one: A. Changes in the net pension liability is reported as pension expense in an employer's government-wide statement of activities. B. Governments have an option of reporting or not reporting the net pension liability in an employer's government-wide statement of net position. C. The actuarial accrued liability is reported in an employer's government-wide statement of net position. D. A net pension liability is reported in an employer's government-wide financial statements.