Which of the following is not correct) with respect to proprietary funds? O Proprietary funds are used to account for activities similar to those often engaged in by commercial businesses O Users of goods or services are charged amounts at least sufficient to cover the costs of providing the goods or services. Thus, in the pure case, proprietary funds are self-supporting. O Budgets may be prepared for proprietary funds to facilitate management of fund activities, but GASB standards do not require budget-actual reporting O Proprietary funds record only current financial resources and liabilities that will be settled with current financial resources