For the Statement of Cash Flows for an Proprietary Fund

For the Statement of Cash Flows for an Proprietary Fund:

A) ​the direct or indirect method may be used
B) ​cash flows from investing activities include fixed asset acquisitions
C) ​a reconciliation of net operating income to net cash flow from operating activities is required when the direct method is used
D) ​interest paid and interest earned are included in cash flows from operating activities