Which of These Fiduciary Fund Types Always Has Zero Net

question 51

Multiple Choice

Which of these fiduciary fund types always has zero net position?

• A) Agency funds.
• B) Pension trust funds.
• C) Investment trust funds.
• D) Private-purpose trust funds.

Learn how to compute the margin of safety and its implications for business stability.

Grasp the concept and calculation of contribution margin and contribution margin ratio.

Understand how changes in sales volume, prices, and costs affect net income.

Learn to calculate and interpret the degree of operating leverage.

---

Definitions:

Throwing An Exception

Throwing an exception involves programmatically generating an error or exception condition, using statements like throw in Java, to signal that an abnormal or unexpected scenario has occurred.

Finally Block

A block in Java that follows try-catch blocks and is executed regardless of an exception being thrown or not.

Exception Occurs

A runtime event that disrupts the normal flow of instructions in a program, often due to errors.

Catch Block

A section of code designed to handle exceptions in a try-catch statement in programming languages like Java.