Question: Proprietary funds are required to present four basic financial statements - - a Statement of Net Position, a Statement of Changes in Fund Net Position,

Proprietary funds are required to present four basic financial statements--a Statement of Net Position,
a Statement of Changes in Fund Net Position, a Statement of Cash Flows, and a Budgetary
Comparison Statement.
True
False
 Proprietary funds are required to present four basic financial statements--a Statement

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