An Investment Pool Could Be Reported as a Custodial Fund

question 9

True/False

An investment pool could be reported as a custodial fund on the fiduciary fund financial statements.

---

Definitions:

Audience Benefit

The advantage or positive outcome that an audience can gain from a message, presentation, or product.

Traditional Press Release

A written or recorded communication directed at members of the news media for the purpose of announcing something ostensibly newsworthy.

Ultimate Audience

The final or intended recipients of a message or piece of communication, often considered in the planning phase.

Good Purchase

A transaction or acquisition that is considered valuable or beneficial, often because of its quality, price, or utility.