A is corrent. In addition to governmental activities, both business-type activities and discretely presented component units may be reported on the government-wide Statement of Net Position prepared in accordance with GASB 34. C is incorrect. Both business-type activities and discretely presented component units may be reported on the government-wide statement of Net Position. B is incorrect. Both business-type activities and discretely presented component units may be reported on the government-wide statement of Net Position. D is incorrect. Both business-type activities and discretely presented component units may be reported on the government-wide Statement of Net Position.
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