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Exam GAFRB All Questions
Exam GAFRB All Questions

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AGA Government Financial Manager GAFRB Question # 9 Topic 1 Discussion

GAFRB Exam Topic 1 Question 9 Discussion:
Question #: 9
Topic #: 1

Congress plans to set up an activity within an agency that would:

• provide procurement services to other agencies;

• reimburse fees to the providing agency at a level that would cover the total estimated costs of the services.

The fees would be deposited in the providing agency's accounts and would remain available until expended, to carry out the purposes of the fund. This arrangement describes a


A.

revolving fund.


B.

special fund.


C.

trust fund.


D.

general fund.


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