Resources That Are Held in Trust for the Benefit of the Government's

question 69

True/False

Resources that are held in trust for the benefit of the government's own programs or its citizenry should be accounted for using a governmental fund rather than a fiduciary fund.

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Definitions:

Mechanical Components

Parts or elements that are part of a larger mechanical system, each serving a specific mechanical function.

Software

General term for the programs and operating information used by a computer.

Input Device

is a hardware component used to enter data or commands into a computer or other electronic systems.

Hardware Component

A physical piece of a computer or electronic system that contributes to the functionality of the machine.