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Which of the Following Are Required Basic Statements of a Proprietary

Question 52

Multiple Choice

Which of the following are required basic statements of a Proprietary Fund?


A) Balance Sheet and Income Statement.
B) Balance Sheet; Statement of Revenues, Expenses, and Changes in Retained Earnings; and Statement of Cash Flows.
C) Statement of Net Assets and Statement of Revenues, Expenses, and Changes in Fund Net Assets.
D) Statement of Net Assets; Statement of Revenues, Expenses, and Changes in Fund Net Assets; and Statement of Cash Flows.

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