what is fund flow defination
Answer / c.praveen
For municipal bonds, a statement that specifies the priorities
for which the revenue will be used. Usually, the flow of funds
goes from maintenance and operation to bond debt service to
facility expansion to savings for prepayment of debt. For
mutual funds, the movement of money into and out of mutual
funds.
| Is This Answer Correct ? | 2 Yes | 2 No |
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