Question 1 10 points Use the word bank below to complete the
Question 1 (10 points) Use the word bank below to complete the chart. List the three fund categories found within a government and the specific fund types that can be included in each: Word Bank Investment Trust Agency Capital Projects Debt Service Enterprise General Pension Trust Private Purpose Trust Special Revenue Internal Service Fund Category Fund T Governmental Proprietary Fiduciary
Solution
Governmetal funds:
1. Capital Projects Fund
2. Permanent Funds
3. Debt Service Funds
4. Special Revenue Fund
5. General Fund
Proprietory Fund:
1. Enterprise
2. Internal Service
Fiduciary Funds:
1. Agency Funds
2. Pension Trust
3. Private Purpose Trust
4. Investment Trust
