How Are Fiduciary Funds Presented in the Government Wide Financial

question 94

Multiple Choice

How are Fiduciary Funds presented in the Government Wide Financial Statements?

• A) Combined with Internal Service Fund the adjusting Entrees are made
• B) Combined with Business level activities totals and then put in to proper statements
• C) Combined with governmental level activities and then put into proper statements
• D) None of the Above

---

Definitions:

Ethics

The moral principles of right and wrong that guide personal and organizational decision making.

Public International Law

Laws that govern interactions of nation-states

Supranational Law

International law that limits the rights of sovereign governments.

Property Rights

The rights of companies and individuals to own resources, make decisions about how to use it, and reap the returns or losses of business activities