Which of the Following Is Not a Fiduciary Fund

question 45

Multiple Choice

Which of the following is not a fiduciary fund?

• A) Agency
• B) Permanent
• C) Pension trust
• D) Private-purpose trust

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Definitions:

Organization

A structured group of people who come together to achieve common goals through a coordinated effort.

Manager

A manager is someone responsible for directing and controlling the work and staff of a business, or a part of a business, to achieve set objectives.

Management Functions

The core roles and activities undertaken by managers, including planning, organizing, leading, and controlling, to achieve organizational goals.

Mintzberg's Managerial Roles

A framework that categorizes a manager's job into ten roles divided into three categories: interpersonal, informational, and decisional.