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Question 9 3 pts Which of the following is true regarding fiduciary fund financial statements? Fiduciary fund financial statements include the Statement of Fiduciary Net

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Question 9 3 pts Which of the following is true regarding fiduciary fund financial statements? Fiduciary fund financial statements include the Statement of Fiduciary Net Position, the Statement of Changes in. Fiduciary Net Position, and the Statement of Cash Flows prepared using the direct method Fiduciary fund financial statements are prepared on the current financial resources measurement focus and modified accrual accounting Both Fiduciary fund financial statements include the Statement of Fiduciary Net Position, the Statement of Changes in Fiduciary Net Position, and the Statement of Cash Flows prepared using the direct method; and fiduciary fund financial statements are prepared on the current financial resources measurement focus and modified accrual accounting are true. Neither fiduciary fund financial statements include the Statement of Fiduciary Net Position the Statement of Changes in Fiduciary Net Position, and the Statement of Cash Flows prepared using the direct method: nor fiduciary fund financial statements are prepared on the current financial resources measurement focus and modified accrual accounting is true

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