The categories of Net Position for a state university are classified within which of the following categories?
A. Non-Spendable Net Position and Spendable Net Position
B. Net Investment in Capital Assets, Restricted Net Position and Unrestricted Net Position
C. Committed Net Position, Assigned Net Position and Unassigned Net Position
D. Restricted Fund Balance, Committed Fund Balance, Assigned Fund Balance, and Nonspendable Fund Balance.
Answer: B