The following are categories of funds. Categories may be used more than once.

A. Governmental funds

B. Proprietary funds

C. Fiduciary funds

For each of the following descriptive phrases (a-e), indicate the type of fund from the list above that best matches. Categories may be used more than once.

a) Includes permanent funds held in trust to be used for public purposes

b) Sometimes referred to as income-determination, business-like, or commercial-type funds.

c) Any fund held by a government in an agent or trustee relationship for an external party.

d) Used when the government collects taxes or amounts bequeathed from private citizens.

e) Enterprise and internal service funds