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The Following Are Categories of Funds Described in Chapter 2

Question 48

Short Answer

The following are categories of funds described in Chapter 2:
A.Governmental funds
B.Proprietary funds
C.Fiduciary funds
For each of the following descriptive phrases,indicate the type of fund from the list above that best matches by placing the appropriate letter in the blank space next to the phrase. The following are categories of funds described in Chapter 2: A.Governmental funds B.Proprietary funds C.Fiduciary funds For each of the following descriptive phrases,indicate the type of fund from the list above that best matches by placing the appropriate letter in the blank space next to the phrase.

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