Activities where a county holds resources as an agent for entities or individuals outside the county, such as sales taxes collected for the state, are categorized as:

A.Business activities

B.Proprietary activities

C.Governmental activities

D.Fiduciary activities

The GAAP hierarchy in state and local government accounting identifies sources of authoritative guidance for:

A.Preparation of financial statements

B.Providing information required by creditors of the governmental unit

C.Providing information required by supervisory levels of government

D.Preparation of a legal budget

Activities involving the primary services of a county government, such as health and safety, are categorized as:

A.Governmental activities

B.Fiduciary activities

C.Business activities

D.Proprietary activities