Which of the Following Statements Is True Regarding the Statement

Multiple Choice

Which of the following statements is true regarding the statement of cash flows for a governmental unit?

A) The statement of cash flows is included in the government-wide and proprietary fund financial statements.
B) The statement of cash flows is included in the proprietary fund financial statements only.
C) The statement of cash flows is included in the proprietary and fiduciary fund financial statements.
D) The statement of cash flows is included in the proprietary fund financial statements only, and the government can choose the presentation format-direct or indirect.