Identify each of the fund types described.

1. A fund that is used to report assets held in a trustee capacity for others and that cannot be used to support the government’s own programs.

2. A fund used to report any activity for which a fee is charged to external users for goods and services.

3. A fund used to account for all financial resources except those required to be accounted for in another fund.

4. A fund used to account for the accumulation of resources for, and the payment of, general long-term debt principal and interest.

5. A fund used to report resources that are legally restricted to the extent that only earnings, and not principal, may be used for purposes that support the reporting government’s programs—that is, for the benefit of the government or its citizenry.

6. A fund used to account for the proceeds of specific revenue sources (other than trusts for individuals, private organizations, or other governments or for major capital projects) that are legally restricted to expenditures for specified purposes.

7. A fund used to report any activity that provides goods or services to other funds, departments, or agencies of the primary government and its component units, or to other governments, on a cost-reimbursement basis.

8. A fund used to account for financial resources to be used for the acquisition or construction of major capital facilities (other than those financed by proprietary funds or in trust funds for individuals, private organizations, or other governments).