On behalf of the cities
Liberty County maintains an investment pool on behalf of certain cities within the county. When it prepares its statement of fiduciary net assets at year-end, how should Liberty value the corporate securities that it holds on behalf of the cities?
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Wads County maintains an investment pool in which it invests funds both for Wads County and for all legally separate school districts in the county. When it reports assets in the Investment Trust Fund's statement of fiduciary net assets, whose ass
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