The Statement of Changes in Fiduciary Net Assets Includes All

question 38

Multiple Choice

The statement of changes in fiduciary net assets includes all of the following except:

• A)employee benefit trust funds.
• B)investment trust funds.
• C)private-purpose trust funds.
• D)agency funds.

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Definitions:

Cystitis

Inflammation of the bladder.

Kidney Dialysis

A medical treatment for removing waste and excess water from the blood, acting as an artificial replacement for lost kidney function.

Active Transport

Use of a plasma membrane carrier protein to move a molecule or ion from a region of lower concentration to one of higher concentration; it opposes equilibrium and requires energy.

Diffusion

Movement of molecules or ions from a region of higher to lower concentration; it requires no energy and tends to lead to an equal distribution (equilibrium).