The categories of Net Position for a proprietary fund are classified within which of the following categories?
A) Committed Net Position, Assigned Net Position and Unassigned Net Position
B) Net Investment in Capital Assets, Restricted Net Position and Unrestricted Net Position
C) Spendable Net Position and Spendable Net Position
D) Restricted Fund balance, Committed Fund balance, Assigned Fund Balance, and Nonspendable Fund Balance
Correct Answer:
Verified
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