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Discussion Question 1 ( Both parts A and B must be answered in atleast 100 words please and thank you) A. Explain the characteristics of

Discussion Question 1 ( Both parts A and B must be answered in atleast 100 words please and thank you)

A. Explain the characteristics of a proprietary fund? How do internal service funds and enterprise funds differ?

B. Explain the criteria for determining if a fiduciary relationship exists?

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