I feel like the answer should be something more exciting, like 'Magical Funds' or 'Unicorn Funds'. But alas, B) Proprietary Funds is the boring-yet-correct response.
Hmm, I was torn between B) Proprietary Funds and C) Permanent Funds, but B) is the right choice. Gotta love those tricky governmental accounting questions!
Actually, enterprise funds and internal service funds are considered Proprietary Funds because they are used to account for activities that operate like businesses.
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