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    Essentials of Accounting Study Set 3
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    Exam 7: Fiduciary Funds, Interfund Transactions
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    A Private-Purpose Trust Fund Is Created When the Government Is
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A Private-Purpose Trust Fund Is Created When the Government Is

Question 28

Question 28

True/False

A private-purpose trust fund is created when the government is the sponsor of a multigovernment investment pool and accounts for the external portion of those trust assets.

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