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    Business
  3. Study Set
    Accounting for Governmental
  4. Exam
    Exam 8: Accounting for Fiduciary Activities—Custodial and Trust Funds
  5. Question
    By Definition a Fiduciary Fund That Does Not Meet the Definition
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By Definition a Fiduciary Fund That Does Not Meet the Definition

Question 16

Question 16

True/False

By definition a fiduciary fund that does not meet the definition of a trust fund is a custodial fund.

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