Why Are Separate Operating Statements Prepared for Governmental Funds and Proprietary

Multiple Choice

Why are separate operating statements prepared for governmental funds and proprietary funds in the fund-level financial statements?

A) because a single operating statement would require too many columns for the average reader to understand readily
B) because governmental funds use the full accrual basis of accounting in the fund financial statements,whereas proprietary funds use the modified accrual basis of accounting
C) because governmental funds have a different measurement focus and basis of accounting than proprietary funds in the fund-level financial statements
D) because governmental fund operating statements need to be read together with the "budget and actual" schedules,whereas proprietary fund operating statements do not