Which of the following would typically be included as part of a reserved fund balance?

A reserved fund balance typically consists of amounts that are restricted or set aside for specific purposes. Options that illustrate how fund balances can be reserved include amounts designated by management for contingencies and resources set aside for equipment replacement. Both of these are examples of how organizations may allocate funds for future needs or obligations, effectively reserving them from being used for other purposes.

The option that references an amount equal to the balance of long-term loans receivable does not align with the concept of a reserved fund balance. This is because a loan receivable represents an asset that the organization expects to collect in the future, rather than a reserved fund that is designated for a particular purpose. The funds in a reserved fund balance typically cannot be easily converted back to unrestricted funds, as they are earmarked for specific obligations.

Therefore, the correct answer includes all the relevant components of a reserved fund balance except for those not aligned with this definition. Both management-designated contingencies and equipment replacement relate directly to the idea of setting aside funds for specific future needs, making the more comprehensive option encompassing all appropriate elements the right choice.