Which Financial Statements Are Required for Proprietary Funds

question 58

Multiple Choice

Which financial statements are required for proprietary funds?

• A) Statement of Net Position; Statement of Revenues, Expenses, and Changes in fund Net Position; Statement of cash flows.
• B) Budgetary comparison schedule; Statement of revenues, expenditures, and changes in fund balance; Statement of Net Position.
• C) Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of cash flows.
• D) Statement of Net Position; Statement of Revenues, Expenses, and Changes in fund net position;