Examlex
Choose the one most appropriate answer for each.
-Food chain
Private Purpose Trust Fund
A fund typically used by governmental entities to report all other trust arrangements under which principal and income benefit individuals, private organizations, or other governments.
Fiduciary Fund
A fund used to account for assets held by a government in a trustee or agency capacity for individuals, private organizations, or other governments.
Special Revenue Fund
A fund used by a government to account for revenue from specific sources that are restricted or committed to expenditure for specified purposes other than debt service or capital projects.
General Fund
The general fund is the primary operating fund of a government, supporting general activities and services such as public safety, parks, and general administration.
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