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    Essentials of Accounting Study Set 2
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    Exam 7: Fiduciary Trustfunds
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    When a Contributor and a Government Agree That the Principle
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When a Contributor and a Government Agree That the Principle

Question 103

Question 103

True/False

When a contributor and a government agree that the principle and/or income of trust assets is for the benefit of individuals,organizations,or other governments,an agency trust has been formed.

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