Which of the following fiduciary fund types, if any, does not have a measurement focus? a. Pension
Question:
Which of the following fiduciary fund types, if any, does not have a measurement focus?
a. Pension Trust Fund.
b. Private-Purpose Trust Fund.
c. Investment Trust Fund.
d. Agency Fund.
e. None of the above—all funds must have a measurement focus.
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The correct answer is e None of the aboveall funds must have a measurement focus Explanation In gove...View the full answer
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