Wadsworth County Maintains an Investment Pool in Which It Invests

question 15

Multiple Choice

Wadsworth County maintains an investment pool in which it invests funds both for Wadsworth County and for all legally separate school districts in the county.When it reports assets in the Investment Trust Fund's statement of fiduciary net position,whose assets should be reported?

• A)only the assets of the legally separate school districts
• B)only the assets belonging to Wadsworth County
• C)both the assets of the separate school districts and the assets belonging to Wadsworth County
• D)only the assets of the major school districts and the assets belonging to Wadsworth County

---

Definitions:

Consensual Decision-making

A process where all members of a group agree on a decision, ensuring mutual consent before proceeding.

Support the Decision

To support the decision means providing evidence, reasoning, or resources that back up or justify a particular choice or course of action.

Standard Agenda Form

A predetermined or agreed upon format for the layout and content of a meeting's agenda to ensure orderly and productive discussions.

Decision-making Process

A methodical approach taken to select a logical choice from available options by gathering information, identifying alternatives, and weighing the outcomes.