When a contributor and a government agree that the principle and/or income of trust assets is for the benefit of individuals, organizations, or other governments, an agency trust fund has been formed.
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Q41: For governmental-type funds, Statement 53 reporting of
Q42: Investments in a private-purpose trust fund should
Q43: Equity investments should be recorded at fair
Q44: Fiduciary funds are used to account for
Q45: GASB had issued a proposed standard that
Q47: Statement 53 reporting of derivatives does not
Q48: A private-purpose trust fund is created when
Q49: GASB requires that endowments report investments at
Q50: Investments in a pension trust fund should
Q51: If a derivative is effective in reducing
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