Public Purpose Trusts are accounted for in the Permanent Funds, which are accounted for under the modified cash basis.
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Q7: The Pension Trust Fund is a Fiduciary
Q8: On December 1, $125,000 was deposited with
Q9: In a Special Revenue Fund, sufficient revenue
Q10: Proceeds from the sale of general obligation
Q11: Utilizing serial bonds to raise long term
Q13: In the Statement of Cash Flow for
Q14: The primary function of debt service funds
Q15: In a Debt Service fund:
A)expenditures for interest
Q16: Special revenue funds are used when revenues
Q17: When the General Fund sends fund to
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