1) A state or local government’s change in fiduciary net position
a) Must be reconciled with the change in net position of governmental activities in the government-wide statement of activities.
b) Must be reconciled with the change in net position in the government-wide statement of net position.
c) Must be reconciled with the change in net position of business-type activities in the government-wide statement of activities.
d) Cannot be reconciled with the government-wide statements.
2) Fiduciary fund financial statements report
a) Information by major fund.
b) Three components of net position.
c) No separate statements for individual pension plans.
d) A separate column for each fund type.