Ch 13 cost accounting.docx - 4 The terms used for classification of items on the Statement of Changes in Fiduciary Net Position are A Revenues and

Ch 13 cost accounting.docx - 4 The terms used for...

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4. The terms used for classification of items on the Statement of Changes in Fiduciary Net Position are: A) Revenues and Expenses.B) Additions and Deductions.C) Revenues and Expenditures.D) Contributions and Expenses.B) Additions and Deductions. 65. A fund that is used to account for assets held by a government temporarily acting asagent for one or more other governments units or for individuals or private organizationsis a(n): 66. A fund that is the result of an agreement between a contributor and a government that the principal and/or income of trust assets is for the benefit of individuals, organizations, or other governments is a(n): 67. A fund that exists when the government is the sponsor of a multigovernment investment pool and accounts for the external portion of the trust assets is a(n): 68. A fund that exists when a government is the trustee for a defined benefit pension plan, or a defined contribution pension plan is a(n): A) Agency fundB) Private-Purpose Trust FundC) Investment Trust FundD) Pension Trust FundD) Pension Trust Fund Which of the following is not an example of the function of an Agency Fund?

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