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Which of the Following Is a Distinguishing Characteristic of the Resources

Question 14

Multiple Choice

Which of the following is a distinguishing characteristic of the resources accounted for in fiduciary funds?


A) They must be held intact in perpetuity.
B) They are generally held for very short periods of time.
C) They are used only to support programs of the governmental entity having custody of the resources.
D) They are not used to support programs of the governmental entity having custody of the resources.

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