21. Which of the following would not be an example of an expendable private purpose trust fund? (a) An endowment fund. (b) A fund to pay out $1,000 of grant principal plus all interest for the year. (c) A fund to pay out all gifts each year for support of high school athletics. (d) None of the above. All are examples of expendable private purpose trust funds. 22. The comprehensive annual financial report (CAFR) of a state or local governmental reporting entity should contain a Combining Statement of Revenues, Expenses, and Changes in Fund Net Position for: 23. The comprehensive annual financial report (CAFR) of a governmental reporting entity should contain a Combined Statement of Revenues, Expenditures, and Changes in Fund Balances for: 24. Nonexpendable private purpose trust funds are the same as governmental funds except that: (a) Nonexpendable private purpose trust funds are not included in the Statement of Revenues, Expenditures, and Changes in Fund Balances. (b) Nonexpendable private purpose trust funds have a different measurement focus. (c) Nonexpendable private purpose trust funds have a different basis of accounting. (d) All of the above are differences. 5. A county collects property taxes levied within its boundaries and receives a 2 percent fee for administering these collections on behalf of the municipalities in the county. In 20X3, the county collected $15,000,000 for its municipalities and remitted all but $300,000, the amount of the fee. In the initial recording of the fee, the county's Tax Agency Fund should credit: (a) Due to County General Fund. (b) Revenues Control. (c) Fund Balance--Unassigned. (d) Expenses Control