1. Describe the attributes of the Proprietary Fund Category. Discuss the purposes of the two funds within this category. Explain why accrual accounting and the economic resources measurement focus are the appropriate methods for the proprietary funds. 2. Describe the attributes of the Fiduciary Fund Category. Discuss the purposes of the four funds within this category. Explain why accrual accounting and the economic resources measurement focus are the appropriate methods for the proprietary funds. 3. Write a one page critical analysis of the attached article.
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