如何理解C选项

问题如下：

Balance sheets of government entities are unlikely to include:

选项：

A.

FX reserves.

B.

long-term debt.

C.

accrual of unfunded liabilities.

解释：

Correct Answer: C

Public sector financial accounting standards vary widely and are often prepared using cash, rather than accrual-based, principles, typically excluding such items as the depreciation of fixed public goods, such as federal highways, or the accrual of unfunded liabilities, such as government pension obligations.

A and B are incorrect because balance sheets of government entities are likely to include FX reserves and long-term debt.