Which of the Following Resources Should Be Accounted for in a Private

question 26

Multiple Choice

Which of the following resources should be accounted for in a Private Purpose Trust Fund?

• A)a gift received from a donor who stipulates in a formal trust agreement that the principal must be kept intact and the income must be used to beautify the state's parks
• B)admissions fees that are legally required,based on state laws,to pay the debt service on the state's new museum and cultural center
• C)dormant bank accounts that escheat to the state,with state laws requiring that the resources be held in perpetuity for the rightful owners
• D)fees received by a state from insurance companies,representing charges for overseeing insurance companies located within the state

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Definitions:

Organizational Politics

Involves the use of power, influence, and strategic maneuvers within an organization to achieve personal or group goals, often at the expense of others or the organization itself.

Powerful Positions

Roles or titles within an organization or society that come with a significant amount of influence or authority.

Organizational Politics

The use of power and social networking within an organization to achieve changes that benefit the individual or group.

Commitment

The state or quality of being dedicated to a cause, activity, or organization, often reflected in willingness to invest time and resources.