Which of the following is NOT a type of Fiduciary Fund?

Fiduciary funds are used by governmental entities to account for assets that they hold in a trust or agency capacity for others. These funds are specifically designed to manage resources that are not available for the government’s own operational needs. The correct option indicates that a "Governmental Fund" does not belong in the category of fiduciary funds, as it represents a different classification within governmental accounting.

Governmental funds include various types dedicated to public services and operations, such as general funds and special revenue funds. In contrast, fiduciary funds include private-purpose trust funds, investment trust funds, and pension trust funds, which are all intended for the benefit of individuals or groups and require the government to act as a steward of these resources on behalf of others. Thus, the classification of governmental funds is separate from fiduciary funds, confirming that the correct answer identifies the type that is not a fiduciary fund.