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I just need help identifying what I got wrong in the second part of J. The answers choices are: Agency fund, custodial fund, investment trust
I just need help identifying what I got wrong in the second part of J. The answers choices are:
Agency fund, custodial fund, investment trust fund, Pension and other employee benefit trust fund, private purpose trust fund
Following is a list of fund names and descriptions from comprehensive annual financial reports (CAFRS). Required Indicate which of the following are fiduciary funds. If not a fiduciary fund, identify which type of fund should be used to account for the activities. j. Unclaimed Property Fund. The state has established a fund to account for abandoned and unclaimed property. The property is held in the fund for 10 years. If a legal claimant to the property is not found within the 10-year time period, the property reverts to the state. Fiduciary Fund Custodial FundStep by Step Solution
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