What Statement Is Not Required for Proprietary Funds

question 9

Multiple Choice

What statement is not required for proprietary funds?

• A) Statement of Net Assets.
• B) Statement of Revenues, Expenditures, and Changes in Fund Balance.
• C) Statement of Revenues, Expenses, and Changes in Fund Net Assets.
• D) Statement of Cash Flows.

---

Definitions:

Training Session

A specific period devoted to training activities where participants learn or practice new skills or knowledge.

Training Administrator

A person responsible for managing and overseeing the planning, organization, and coordination of training activities and programs within an organization.

Lead

Potential client or customer who has shown interest in a company's product or service.

Develop

The process of growth, progress, or improvement in skills, knowledge, or products through stages or phases.