Representatives of labor and management decide to call in a third party to resolve an impasse in contract negotiations. both sides have agreed to abide by the decision of the third party. this method of conflict resolution is known as

1) mediation
2) arbitration
3) a lockout
4) grievance procedures

Agovernment receives a gift of cash and investments with a fair value of $200,000. the donor specified that the earnings from the gift must be used to beautify city-owned parks and the principal must be re-invested. the $200,000 gift should be accounted for in which of the following funds? a) general fund b) private-purpose trust fund c) agency fund d) permanent fund