Which of the following statements is correct about the Statement of Financial Position?

A. The Statement of Financial Position reports assets and liabilities in order of liquidity and maturity, respectively, with subtotals for the current section. Restrictions that donors have placed on the allowable uses of particular assets do not need to be footnoted.

B. The Statement of Financial Position reports assets and liabilities alphabetically. Footnote disclosures also provide additional information about the restrictions that donors have placed on the allowable uses of particular assets.

C. The Statement of Financial Position reports assets and liabilities in order of liquidity and maturity, respectively, but with no subtotals for the current section. Footnote disclosures also provide additional information about the restrictions that donors have placed on the allowable uses of particular assets.

D. The Statement of Financial Position reports assets and liabilities in order of liquidity and maturity, respectively, with subtotals for the current section. Footnote disclosures also provide additional information about the restrictions that donors have placed on the allowable uses of particular assets.