Which of the following is true regarding the proprietary fund financial statements? Multiple Choice The proprietary fund financial statements include the Statement of Net Position, the Statement of Revenues, Expenses, and Changes in Fund Net Position, and the Statement of Cash Flows. The proprietary funds include enterprise, internal service, and permanent funds. Both of the choices are true. Neither of the choices is true. A Budgetary Comparison Schedule is: Multiple Choice required for all governmental fund types. optional under GASB standards for all funds. required for the General Fund, and for special revenue funds, for which an annual budget has been adopted. required by GASB for internal management reports only; not permitted for external financial reporting. Which of the following is true regarding the proprietary fund financial statements? Multiple Choice The proprietary fund financial statements include the Statement of Net Position, the Statement of Revenues, Expenses, and Changes in Fund Net Position, and the Statement of Cash Flows. The proprietary funds include enterprise, internal service, and permanent funds. Both of the choices are true. Neither of the choices is true. A Budgetary Comparison Schedule is: Multiple Choice required for all governmental fund types. optional under GASB standards for all funds. required for the General Fund, and for special revenue funds, for which an annual budget has been adopted. required by GASB for internal management reports only; not permitted for external financial reporting