Unless otherwise prohibited custodial relationships can be reported in the General Fund rather than a custodial fund.

Name: Unless otherwise prohibited custodial relationships can be reported in the General Fund rather than a custodial fund.
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Custodial relationships can be reported in the General Fund unless prohibited by law or accounting standards. However, they may also be reported in a custodial fund if deemed necessary for accountability or legal requirements.

Unless Otherwise Prohibited Custodial Relationships Can Be Reported in the General