What Are the Two Proprietary Fund Types

question 59

Multiple Choice

What are the two proprietary fund types?
(1) Internal service funds.
(2) Investment trust funds.
(3) Enterprise funds.
(4) Agency funds.

• A) 1 and 2.
• B) 2 and 3.
• C) 1 and 3.
• D) 2 and 4.
• E) 1 and 4.

---

Definitions:

Directional

Refers to hypotheses in research that predict not only the existence of a relationship between variables but the direction of that relationship as well.

Non-directional

A type of hypothesis that does not specify the direction of the expected relationship between variables.

Standard Error

A measure indicating the amount of variation or dispersion of a set of values; specifically, it reflects how much sampling variability a statistic possesses.

Variability

The degree to which data points in a statistical distribution or data set diverge from the mean value.