Final answer:
The statement is true as pooling individual funds under the control of the treasurer can enhance the management of cash and investments.
Step-by-step explanation:
The statement that effective management of cash and investments of individual funds may be enhanced by placing them in a pool under the control of the treasurer of the government or other official is true.
Pooling individual funds allows for greater efficiency in managing and investing the cash and investments. By combining the funds, the treasurer can take advantage of economies of scale and engage in more diverse and potentially higher-return investments.
In addition, pooling funds allows for better risk management as the treasurer can allocate resources across different assets and adjust the investment portfolio as needed.