Example sentences for: custodial

How can you use “custodial” in a sentence? Here are some example sentences to help you improve your vocabulary:

  • If the collecting entity transfers the nonexchange revenue to the General Fund or another entity, the amount is accounted for as a custodial activity by the collecting entity.

  • These custodial transfers, by definition, do not affect the collecting entity's net cost of operations or operating results, nor are they part of the reconciliation between its obligations and net cost of operations.

  • The hot lines and referral services tackle estate planning, pension, and health benefits, elder abuse and neglect, guardianship custodial issues involving grandchildren, consumer protection and other elder-law issues.

  • Interest on delinquent taxes and other receivables that arise as the result of custodial operations.

  • The terms "financial statements" and "consolidated financial statements" are used throughout this document to refer to the basic financial statements of a reporting entity; the basic financial statements normally include: the balance sheet, the statements of net cost, changes in financial position, financing, budgetary resources, and custodial activities and the notes to the financial statements.


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