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Question Number 300
Investment income
Derived from interest gained from investing agency funds into investment instruments such as money markets, stocks, and mutual funds. Some agencies will set up endowments from donations or bequests and use the interest from the accounts to fund special projects
✔ Correct Answer:
Derived from interest gained from investing agency funds into investment instruments such as money markets, stocks, and mutual funds. Some agencies will set up endowments from donations or bequests and use the interest from the accounts to fund special projects
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