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?