Which of the following may properly be reported as a component of net position in the proprietary fund statement of net position?   Multiple Choice Restricted net position. Retained earnings. Contributed capital. Designated equity.

What are the two fund types within the proprietary funds? What types of events does each report?

Which of the following funds are classified as proprietary funds? Group of answer choices a.) Agency and special revenue funds. b.) Agency and pension trust funds. c.) Enterprise and internal service funds.

The market value of a mutual fund's assets divided by the number of fund shares outstanding is equal to the A. Load charge B. Net Asset Value (NAV) C. Expense Ratio D. 12b-1 fee

The following terms were introduced in this chapter:   Strategic investments Non-strategic investments Investments at fair value through profit or loss (FVTPL) Investments at amortized cost (AC)   Match each term with the following definitions:   _________ Debt securities that are held to earn interest income _________ Investments purchased to influence or control another company _________ Debt or equity investments that require holding gains or losses to be included in the determination of the company’s profit or loss. _________ Investments purchased mainly to generate investment income

Can you give 3 examples of what kinds of operations are accounted for using a proprietary fund?

Which of the following funds are classified as fiduciary funds? Group of answer choices a.) Internal service and enterprise funds. b.) Trust and agency funds. c.) Capital projects and debt service funds.

The ultimate authority of a fund's track record is its current profile prospectus. True False

Which of the following is not considered an “other long-term investment?” Sinking fund Preference share redemption fund Contingency fund Tax fund

Identify which of the following is/are types of distributions of Mutual Fund Trust: a. All of the choices b. Capital Distributions c. Capital Gains d. Eligible Dividends X e. Canadian Interest Income