Funds used by state and local governments are classified as governmental, proprietary, or fiduciary, depending on their activities and objectives. Analyze the main differences between governmental and fiduciary funds Respond:

Funds used by state and local governments are classified as governmental, proprietary, or fiduciary, depending on their activities and objectives.

Continue ReadingFunds used by state and local governments are classified as governmental, proprietary, or fiduciary, depending on their activities and objectives. Analyze the main differences between governmental and fiduciary funds Respond: