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, Expenses, and Changes in fund net position.
D. Statement of Net Position; Statement of revenues, expenditures, and changes in fund balances; Statement of Cash Flows.


Answer: A

Business

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