Which of the Following Would NOT Be Accounted for in a Fiduciary

question 2

Multiple Choice

Which of the following would NOT be accounted for in a fiduciary fund of a governmental entity?

• A)Nonexpendable resources held for the benefit of other governmental units.
• B)Nonexpendable resources held for the benefit of the government holding the resources.
• C)Expendable resources held for the benefit of other governmental units.
• D)Funds held as an agent for other entities.

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Definitions:

Organization Strategic Plan

An Organization Strategic Plan is a document that outlines an organization's long-term goals and the strategies it will use to achieve them.

IS Strategic Plan

Information Systems Strategic Plan; a document outlining an organization's strategy regarding the use and management of information systems to achieve its business goals.

IT Architecture

The design and organization of computer systems, including hardware, software, data, and networking components, in order to meet the goals and requirements of a business.

Fixed Costs

Expenses that do not change in proportion to the activity of a business, such as rent, salaries, and insurance payments.