What do the financial statements for business-type activities primarily include?

The financial statements for business-type activities primarily include the Statement of Net Position and the Statement of Revenues. This is because business-type activities, such as those found in enterprise funds, operate similarly to private-sector businesses and need to present their financial information in a way that reflects their economic resources, obligations, and performance.

The Statement of Net Position provides details on what the entity owns (assets) and owes (liabilities), thus reflecting the overall financial condition at a specific point in time. The Statement of Revenues, on the other hand, focuses on the financial performance over a period, detailing the income generated from services or goods provided. This structure aligns well with the needs of stakeholders who require information similar to what is available in private-sector financial reporting.

Other options mention financial statements that either do not apply to business-type activities or do not represent the primary focus of those activities.