Other governmental funds, proprietary funds. Select the best answer for each of the following multiple-choice items. (Nos. 1, 2, 4, 6, 9, and 10 are AICPA adapted.) 1. Which of the following...

Other governmental funds, proprietary funds. Select the best answer for each of the following multiple-choice items. (Nos. 1, 2, 4, 6, 9, and 10 are AICPA adapted.)

1. Which of the following statements is incorrect concerning a governmental entity’s statement of cash flows?

a. Cash flows from capital financing activities and cash flows from noncapital financing activities are reported separately.

b. The statement format is the same as that of a business enterprise’s statement of cash flows.

c. Cash flows from operating activities may not be reported using the indirect method.

d. The cash flows statement is not prepared by the general fund.