Multiple Choice
Which financial statements are required for a proprietary fund?
A) Statement of Revenues, Expenses and Changes in Fund Net Position and Statement of Net Position
B) Income statement, Statement of Net Position and Statement of Cash Flows
C) Statement of Revenues, Expenses and Changes in Fund Net Position, Statement of Net Position and Statement of Cash Flows
D) Statement of Revenues, Expenses and Changes in Fund Balance and Statement of Net Position, and Statement of Cash Flows
Correct Answer:

Verified
Correct Answer:
Verified
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