Which Financial Statements Are Required for a Proprietary Fund

Multiple Choice

Which financial statements are required for a proprietary fund?

A) Income statement, Statement of Net Assets and Statement of Cash Flows
B) Statement of Revenues, Expenses and Changes in Net Assets, Statement of Net Assets and Statement of Cash Flows
C) Statement of Revenues, Expenses and Changes in Fund Balance and Statement of Net Assets, and Statement of Cash Flows
D) Statement of Revenues, Expenses and Changes in Net Assets and Statement of Net Assets