All of the following funds have a financial resources measurement focus with the exception of which fund?
A) debt service fund
B) special revenue fund
C) capital projects fund
D) private-purpose trust fund

Question

Quizplus · Accepted Answer

The private-purpose trust fund has a fiduciary measurement focus, meaning it reports assets held in trust for the benefit of individuals, private organizations or other governments. The other funds listed all have a financial resources measurement focus, meaning they report inflows and outflows of current financial resources.

All of the Following Funds Have a Financial Resources Measurement