Final answer:
Special purpose governments focused solely on fiduciary activities do not have to present government-wide financial statements but must report fiduciary fund financial statements instead.
Step-by-step explanation:
Special purpose governments engaged in fiduciary activities are indeed different from regular governments. According to financial reporting requirements, such special purpose entities that only engage in fiduciary activities are not required to present government-wide financial statements. Instead, they are required to report fiduciary fund financial statements. This is because their operations are primarily focused on managing resources in a trustee or agency capacity for others and do not directly benefit the government's own programs or services.