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The eighteenth-century Enlightenment produced an elite or high culture that was typified by:
Fiduciary Funds
Financial resources administered by a trustee or fiduciary on behalf of individuals or entities, following specific guidelines and for a specific purpose.
Trustee
A trustee is an individual or a financial institution appointed to manage assets or property for the benefit of others, typically in the context of a trust or estate.
Government-Wide Financial Statements
Comprehensive financial reports that present the financial position and the results of operations of all governmental activities and entities as a single entity.
Reporting Period
A specific duration of time for which financial activities and performance are recorded and reported.
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