A fund that is used to account for assets held by a government temporarily acting as agent for one or more other governments units or for individuals or private organizations is an:
A) Agency fund
B) Private-Purpose Trust Fund
C) Investment Trust Fund
D) Pension Trust Fund
Correct Answer:
Verified
Q61: Which is true regarding the basis of
Q62: The terms used for classification of items
Q63: Which of the following is true regarding
Q64: Which of the following is true regarding
Q65: In an agency fund, assets are equal
Q67: _ funds are created when individuals or
Q68: Which of the following statements is not
Q69: How are Fiduciary Funds presented in the
Q70: A fund that exists when the government
Q71: _ funds are created when individuals or
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents