(Fill in the blanks) 1. Private Purpose Trust Funds are controlled through $qquad$ and $qquad$ 2. Private...

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(Fill in the blanks)

1. Private Purpose Trust Funds are controlled through $\qquad$ and $\qquad$

2. Private Purpose Trust Funds follow a(n) $\qquad$ measurement focus and $\mathrm{a}(\mathrm{n})$ $\qquad$ basis of accounting.

3. Amounts originally contributed to a Private Purpose Trust Fund are recorded as $\qquad$

4. The following financial statements are prepared for a Private Purpose Trust Fund: $\qquad$ and $\qquad$ .

5. The operations of a Private Purpose Trust Fund are usually (more or less) $\qquad$ complex than those of the General Fund.

6. The most important document, with respect to a Private Purpose Trust Fund, is the

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Introduction To Government And Not For Profit Accounting

ISBN: 9780130464149

5th Edition

Authors: Martin Ives, Joseph R. Razek, Gordon A. Hosch

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