Which of the Following Is False Regarding Proprietary Funds Financial

Which of the following is false regarding proprietary funds financial statements?

A) Major enterprise and internal service funds are reported
B) Discretely presented component units that are business-type in nature are not reported; those units would be in the government-wide statements only
C) A classified approach must be used when preparing the Statement of Net Assets where current assets are displayed separately from long-term assets and current liabilities are displayed separately from long-term liabilities
D) With respect to the Statement of Net Assets, the net assets are displayed in the same three categories as in the government-wide statements