Public colleges and universities that engage only in business type activities would have which of the following financial statements?

A). Statement of net position, statement of activities.

B). Statement of net position, statement of revenues, expenses, and changes in net position.

C). Statement of net position, statement of revenues, expenses, and changes in position, and statement of cash flows.

D). Both find bases statements (statement of net position, statement of revenues, expenses, and changes in net position, statement of cash flows) and government wide (statement of net position, statement of activities).