. Which of the following are presented in the proprietary funds statement of net position of a state or local government? A. Deferred inflows of resources and deferred outflows of resources. B. Expenses and changes in fund balances. C. Expenditures and changes in fund balances. D. Net position classified either as restricted or unrestricted.

. The government-wide financial statements of the reporting entity of a state or local governmental unit include information about which of the following?

I. The primary government

II. Discretely presented component units

III. Blended component units

A. I only.

B. I and II only.

C. I and III only.

D. I, II, and III.

. Which of the following are presented in the proprietary funds statement of net position of a state or local government?

A. Deferred inflows of resources and deferred outflows of resources.

B. Expenses and changes in fund balances.

C. Expenditures and changes in fund balances.

D. Net position classified either as restricted or unrestricted.

A government-wide statement of net position must include which of the following?

A. Prior-year comparative financial data.

B. Primary government fiduciary fund data.

C. A consolidation of all government-wide activities.

D. A distinction between governmental and business-type activities.