Because investment trust funds are intended to generate income on an ongoing basis to be used to support the p

Because investment trust funds are intended to generate income on an ongoing basis to be used to support the purposes for which the trust was created, they should use full accrual basis accounting. Discuss.

You are taking a significant risk when you post homework questions here, as you have no idea whether anyone who answers is academically gifted or not (i.e. a person can be very successful in world of investing but still not be able to answer finance or economics questions correctly). Not to mention the fact that you have a teacher, classmates, and textbook that are more familiar with material you are studying and would be better qualified to help you arrive at correct answer.

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