Take the following as truth: TRUST REVOLVING FUNDS -Accounts that record permanent appropriation and expenditure of collections used to carry out a cycle of business type operations in accordance with a statute that designates the fund as a trust fund.
Then the following statement: "Trust Revolving Funds record when and how trust funds are spent so that the beneficiary can hold trustees accountable for how they manage the fund." is true, false, or inconclusive?
Answer: Inconclusive