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Author Question: In the statement of fiduciary net position prepared for an Investment Trust Fund, how should the ... (Read 11 times)

frankwu

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on: Jul 5, 2018
In the statement of fiduciary net position prepared for an Investment Trust Fund, how should the equity of the participants in the investment pool be characterized?
 
  a. as fund balance
  b. as retained earnings
  c. as the excess of additions over deductions
  d. as net position held in trust

Question 2

In the applications approach to business event processing, a data change in one application before updating another application could lead to:
 a. data redundancy
  b. inconsistent data
  c. data integrity
  d. data deletion


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daiying98

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Reply #1 on: Jul 5, 2018
Answer to Question 1

d

Answer to Question 2

B


frankwu

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Reply 2 on: Jul 5, 2018
Thanks for the timely response, appreciate it

amynguyen1221

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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