Multiple Choice
A fund that is used to account for assets held by a government temporarily acting as agent for one or more other governments units or for individuals or private organizations is an:
A) Agency fund
B) Private-Purpose Trust Fund
C) Investment Trust Fund
D) Pension Trust Fund
Correct Answer:
Verified
Correct Answer:
Verified
Q29: GASB requires endowments with investment real estate
Q30: Fund net position will <b><u>not</u></b> be found
Q31: Which is true regarding the basis of
Q32: _ funds are created when individuals or
Q33: Which of the following funds is used
Q35: The Fiduciary Funds are included in the
Q36: A pension plan that is required to
Q37: Defined contribution plans may have unfunded actuarial
Q38: Statement 53 reporting of derivatives does not
Q39: When a contributor and a government agree