Fiduciary funds are:

Multiple Choice

• Funds used to account for the activities of a government that are carried out primarily to provide services to citizens.

• Funds used to account for a government's ongoing organizations and activities that are similar to those operated by for-profit organizations.

• Funds used to account for monies held by the government in a trustee or agency capacity.

• Funds used to account for all financial resources except those required to be accounted for in another fund.

• Funds used to account for resources that are restricted or committed for a specific purpose other than debt payments or capital projects.