The Categories of Net Position for a Proprietary Fund Are

question 9

Multiple Choice

The categories of Net Position for a proprietary fund are classified within which of the following categories?

• A) Committed Net Position, Assigned Net Position and Unassigned Net Position
• B) Net Investment in Capital Assets, Restricted Net Position and Unrestricted Net Position
• C) Spendable Net Position and Spendable Net Position
• D) Restricted Fund balance, Committed Fund balance, Assigned Fund Balance, and Nonspendable Fund Balance