40. which of the following is a fiduciary fund?\na. pension trust fund\nb. permanent fund\nc. special…

Brief Explanations:

A fiduciary fund is used to account for assets held by a government as a trustee or agent for individuals, private - organizations, other governments, and/or other funds. A pension trust fund is a type of fiduciary fund as it holds pension assets in a fiduciary capacity for employees. Permanent funds are governmental funds, special revenue funds are governmental funds, and internal service funds are proprietary funds.

Answer:

A. Pension Trust Fund