Proprietary funds are required to prepare financial statements that include:
A. Statement of Activities
B. Statement of Revenues, Expenditures and Changes in Fund Balance
C. Balance Sheet
D. Statement of Cash Flows
E. Statement of Net Position
F. Statement of Revenues, Expenses and Changes in Net Position

Question

Proprietary funds are required to prepare financial statements that include: 
A. Statement of Activities
B. Statement of Revenues, Expenditures and Changes in Fund Balance
C. Balance Sheet
D. Statement of Cash Flows
E. Statement of Net Position
F. Statement of Revenues, Expenses and Changes in Net Position

Quizplus · Accepted Answer

Proprietary funds are required to prepare a Statement of Cash Flows (D), a Statement of Net Position (E), and a Statement of Revenues, Expenses, and Changes in Net Position (F).

Proprietary Funds Are Required to Prepare Financial Statements That Include