In an agency fund,the government is acting as an agent for another entity and therefore they do not have rights to these types of funds.

Name: In an agency fund,the government is acting as an agent for another entity and therefore they do not have rights to these types of funds.
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Question

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In an agency fund, the government is holding and managing funds on behalf of another entity as an agent. The funds do not belong to the government and therefore they do not have rights to these types of funds.

In an Agency Fund,the Government Is Acting as an Agent