Which of the Following Is True Regarding Fiduciary Funds

question 80

Multiple Choice

Which of the following is true regarding fiduciary funds?

• A) Fiduciary funds are not included in the government-wide financial statements.
• B) Fiduciary funds include agency, pension and other employee benefit) trust, private-purpose trust, and investment trust funds.
• C) Both of the above.
• D) Neither of the above.

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Definitions:

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Alt Text

A text description added to an image or element in digital content, making it accessible to visually impaired users and search engines.

Visual Impairment

A decrease in the ability to see to a significant degree that cannot be fully corrected with standard glasses or contact lenses.