Proprietary funds are A. Funds used to account for the activities of a...

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Accounting

Proprietary funds are
A. Funds used to account for the activities of a government that are carried out primarily to provide free services.
B. Funds used to account for a government's ongoing organizations and activities that are similar to those operated by for-profit organizations.
C. Funds used to account for monies held by the government in a trustee capacity.
D. Funds used to account for revenues that have been legally restricted as to expenditure.

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