Which of the Following Is True Regarding Fiduciary Funds

question 4

Multiple Choice

Which of the following is true regarding fiduciary funds?

• A) When a government is trustee for a defined benefit pension plan, two RSI schedules are required: a schedule of funding progress and a schedule of employer contributions.
• B) Escheat property proceeds must be reported in either a private-purpose trust fund or the fund to which the property ultimately escheats.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

Somatic Symptom Disorder

A psychological disorder characterized by an excessive focus on physical symptoms that cause significant distress or impairment.

Briquet's Syndrome

An outdated term for Somatization Disorder, a type of mental disorder characterized by multiple, recurring, and seemingly random physical symptoms not caused by any identifiable medical condition.

Nineteenth Century

A period from January 1, 1801, to December 31, 1900, characterized by significant industrial, cultural, and political changes worldwide.

Conversion Disorders

A mental condition in which a person has blindness, paralysis, or other nervous system symptoms that cannot be explained by medical evaluation.