Which of the Following Is True Regarding Fiduciary Funds

question 20

Multiple Choice

Which of the following is true regarding fiduciary funds?

• A) Fiduciary funds are included in the fund basis statements but not in the government-wide.
• B) Fiduciary funds are reported by fund type, not as major funds.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

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Conflicts of Interest

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Prospects

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