rces in the general fund get assigned to a specific
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how do resources in the general fund get assigned to a specific purpose?
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- Define tapping fund assetsWhile preparing the Funds Flow Statement, the Sources and Uses of Funds are to be disclosed clearly so as to highlight the Sources from where the Funds have been generated the Uses to which these Funds have been applied.Discuss the statement, explaining the various items that are considered as sources and applications of fund while preparing a Funds Flow Statement.Explain the difference between asset allocation funds and lifecycle funds.