Which of the following is NOT a category required by GASB for cash flow statements for Proprietary Funds?

The correct choice identifies a category that is not required by the Governmental Accounting Standards Board (GASB) for cash flow statements of Proprietary Funds. According to GASB standards, cash flow statements for Proprietary Funds must include three main categories: Operating Activities, Capital and Related Financing Activities, and Investing Activities.

Operating Activities encompass the cash flows directly related to the primary operations of the fund, such as receipts from customers and payments to suppliers. Capital and Related Financing Activities account for cash flows related to the acquisition and construction of capital assets and related long-term financing. Investing Activities reflect cash inflows and outflows from the purchase and sale of investment securities and other assets that are not considered current assets.

The term "Revenue Generation Activities" is not an official category recognized by GASB for cash flow statements. While it may refer to activities involved in generating revenue, it does not align with the structured categories established by GASB for reporting purposes. Therefore, this option is the correct selection as it does not fit into the required framework for cash flow statements of Proprietary Funds.