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  3. Study Set
    Advanced Accounting Study Set 3
  4. Exam
    Exam 21: Accounting for State and Local Governmental Units - Proprietary and Fiduciary Funds
  5. Question
    Trust Funds Are Fiduciary Funds Used to Account for Multigovernment
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Trust Funds Are Fiduciary Funds Used to Account for Multigovernment

Question 43

Question 43

True/False

Trust funds are fiduciary funds used to account for multigovernment external investment pools sponsored by the governmental entity.

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