Which of the Following Is Not a Characteristic of a Fund

question 44

Multiple Choice

Which of the following is not a characteristic of a fund as defined by GASB standards?

• A) An accounting entity.
• B) A fiscal entity.
• C) A reporting entity.
• D) A self-balancing set of accounts.

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Definitions:

Sex Appropriateness

The societal norms and expectations regarding behaviors, roles, and activities deemed suitable for individuals based on their sex.

Research Ethics Board

A committee responsible for ensuring that research involving human subjects meets ethical standards, protecting participants from harm.

Acronym REB

Stands for Research Ethics Board, a committee that oversees the ethical aspects of research involving humans.

Participant Observation

A qualitative research method in which the researcher immerses themselves in a community or situation to observe and understand social actions and interactions from an insider's perspective.