Which of the Following Is True Regarding the Proprietary Fund

Which of the following is true regarding the proprietary fund financial statements?

A) Statements include the Statement of Net Position, Statement of Revenues, Expenses, and Changes in Fund Net Position, and Statement of Cash Flows.
B) Normally, a reconciliation is required between the proprietary fund financial statements and the business-type activities column in the government-wide financial statements.
C) The Statement of Net Position reflects equity as contributed equity and retained earnings.
D) The Statement of Cash Flows may be prepared using either the direct or indirect methods.