Which of the Following Is True Regarding the Cash Flow

question 101

Multiple Choice

Which of the following is true regarding the cash flow statements of a proprietary fund?

• A) A reconciliation is required between the Statement of Revenues, Expenses, and Changes in Fund Net Assets and the cash flows from operating activities section of the Cash Flow Statement.
• B) Interest receipts are reported as increases in cash flows from either capital and related financing or noncapital financing activities, whichever is appropriate.
• C) The gain from the sale of equipment would be reported in the investing section.
• D) None of the above.