1) Activities of Pension Trust Funds include:

Select one:

a. Distribution of retirement benefits

b. Accumulation of employee contributions

c. Both a and b

d. None of the above

2) A citizen donated $50,000 to Tyler County to purchase ballet tickets for disabled children. The county will account for the donation in a(n):

Select one:

a. Private Purpose Trust Fund

b. Custodial Fund

c. Investment Trust Fund

d. All of the above

3) Which of the following funds follows the economic resources measurement focus?

Select one:

a. Pension Trust Fund

b. Custodial Fund

c. Investment Trust Fund

d. All of the above

4) Pierce County maintains an investment pool and permits other governments to participate. The county will account for the deposits of other governments in a(n):

Select one:

a. Permanent Fund

b. Private Purpose Trust Fund

c. Investment Trust Fund

d. Custodial Fund