In addition to a Statement of Net Position, Proprietary Fund level financial statements include which of the following?
A) Statement of Revenues, Expenses, and Changes in Fund Net Position.
B) Statement of Cash Flows.
C) Both of the above.
D) Neither of the above.

Question

Quizplus · Accepted Answer

Proprietary funds must prepare the following: Statement of Net Position, Statement of Revenues, Expenses, and Changes in Fund Net Position and Statement of Cash Flows.

In Addition to a Statement of Net Position, Proprietary Fund