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10. Churchville County is trustee for a multi-government investment pool and has established an investment trust fund. Included in the investment trust fund, for management
10. Churchville County is trustee for a multi-government investment pool and has established an investment trust fund. Included in the investment trust fund, for management purposes, are investments in the amount of $15 million from the County's General Fund, $3 million from the County's special revenue funds, and $112 million from other governments. Which of the following would be true? A. The County would report $18 million in an investment trust fund. B. The County would report the entire $130 million in an investment trust fund. C. The County would report the $112 million in an investment trust fund, the $15 million in its General Fund, and the $3 million in special revenue funds. D. The County would report the $112 million in an investment trust fund and the$18 million in a permanent fund
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