Author Question: ____________________ includes preparing various reports and financial statements and analyzing ... (Read 19 times)

craiczarry · **on:** Jul 5, 2018

___________________ _ includes preparing various reports and financial statements and analyzing operating, investing, and financing decisions.
Fill in the blank(s) with correct word

Question 2

Which of the following is a distinguishing characteristic of the resources accounted for in fiduciary funds?

a. They must be held intact in perpetuity.
b. They are generally held for very short periods of time.
c. They are used only to support programs of the governmental entity having custody of the resources.
d. They are not used to support programs of the governmental entity having custody of the resources.