Choice "B" is correct. Investment pools operated by a government that account for the investments of other entities would display those investments in an investment trust fund. The government's own investments, invested in its own investment trust fund, would treat the trust fund as if it were an outside trustee. As a result, the government's own investments would be treated as assets of the investing fund itself (just as if it were with an external broker). If the general fund of the City of XYZ were to have funds on deposit with the City of XYZ investment trust fund, the general fund's investments would continue to be displayed in the City of XYZ general fund.Choice "d" is incorrect. A government's investments, invested in its own investment trust fund, would be displayed as if the investments were on deposit with an outside trustee. Investments would not be moved to an internal service fund.Choice "a" is incorrect. A government's investments, invested in its own investment trust fund, would be displayed as if the investments were on deposit with an outside trustee. Investments would continue to be reported on the investing fund's balance sheet.Choice "c" is incorrect. A government's investments, invested in its own investment trust fund, would be displayed as if investments were on deposit with an outside trustee. Investments would continue to be reported on the investing fund's balance sheet and would not be displayed in an agency fund.