An investment trust fund is used to account for the internal portion of a multi-government investment pool, when the reporting government is trustee.
Answer the following statement true (T) or false (F)
False
Internal investment pools are not separate funds and the resources continue to be reported by the funds providing the resources.
You might also like to view...
When refusing to send information about employees, which of the following is the best way to handle the message?
A) The message should be direct. B) The message should be detailed, but direct. C) The message should be brief and direct. D) The message should be detailed and objective. E) The message should be detailed and indirect.
Which of the following relies on a random selection of website visitors?
A) random online intercept sampling B) invitation online sampling C) online panel sampling D) systematic online sampling E) none of the above
The acquisition costs of property, plant, and equipment should include all normal, reasonable and necessary costs to get the asset in place and ready for use
Indicate whether the statement is true or false
In a traditional manufacturing environment, as the cost of goods sold account increases, which account is most likely decreasing?
A) Work in process inventory B) Finished goods inventory C) Raw materials inventory D) Cash