Question: Which financial statements should be presented for a trust? I. Statement of assets and liabilities. II. Statement of operations. III. Statement of cash flows. IV.

Which financial statements should be presented for a trust?

I. Statement of assets and liabilities.

II. Statement of operations.

III. Statement of cash flows.

IV. Statement of changes in net assets.

a. I only.

b. I and II only.

c. I, II, and IV.

d. I, III and IV.

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