56. A fund that is used to account for assets held by a governmment temporarily acting as agent for one or more other governments units or for individuals or private organizations is a(n): A) Agency fund B) Private-Purpose Trust Fund C) Investment Trust Fund D) Pension Trust Fund 57. A fund that exists when the govenment is the sponsor of a multigovemment investment pool and accounts for the external portion of the trust assets is a(n): A) Private-Purpose Trust Fund B) Investment Trust Fund C) Pension Trust Fund D) Agency fund 58. Which of the following is true regarding agency funds? A) Agency funds report assets and liabilities, but not net position, revenues or expenses. B) Agency funds are often used to account for property tax collections by county governments for other governments. C) Both of the above. D) Neither of the above. 59. The operations of agency funds will be included in which of the following statements? A) The fiduciary funds Statement of Fiduciary Net Position B The Statement of Changes in Fiduciary Net Position C) The Government-wide Financial Statements D) All of the above 60. Which of the following funds is used to account for the external portion of investment pools? A) Special Revenue Fund B) Investment Trust Fund C) Enterprise Fund D) Private-purpose Trust Fund 61. Fund net position will not be found in... A) Agency trust funds. B) Pension trust funds. C) Investment trust funds D) Private-purpose trust funds. 62. Jasper City is trustee for the Henry J. Mooney Endowment Fund, created to provide scholarships for students. This is an example of which type of fund? CA) Private-purpose trust. B) Pension trust. C) Agency D) Permanent trust