Multiple Choice
According to GASB Statement 31, Accounting and Financial Reporting for Certain Investments and for External Investment Pools, investments of internal investment pools are to be reported in:
A) The funds providing the resources for the investments
B) An investment trust fund
C) Either A or B
D) Both A and B
Correct Answer:

Verified
Correct Answer:
Verified
Q10: When accounting for other postemployment benefits, the
Q11: Escheat property is best described as which
Q13: The tax agency fund of Eden County
Q20: When preparing financial statements, the internal portion
Q65: The operations of agency funds will be
Q71: The City of Springfield has three pension
Q82: Which of the following statements regarding employer
Q109: Defined contribution plans usually report unfunded actuarial
Q117: Fiduciary Fund activities report in terms of
Q124: The "external portion" of an investment trust