Question
1. GAAP require that certain actuarial information for pensions be reported as required supplementary information. Which of the following schedules is not an example of
1. GAAP require that certain actuarial information for pensions be reported as required supplementary information. Which of the following schedules is not an example of such actuarial information?
a. Schedule of employee contributions
b. Schedule of funding progress
c. Schedule of employer contributions
d. All of the above schedules are examples of required supplementary information
2. The net change amount is reduced by pension contributions due and payable on the operating statement of
a. Business-type.
b. Governmental activities.
c. Governmental funds.
d. Proprietary funds.
ANSWER BOTH
Step by Step Solution
There are 3 Steps involved in it
Step: 1
Get Instant Access to Expert-Tailored Solutions
See step-by-step solutions with expert insights and AI powered tools for academic success
Step: 2
Step: 3
Ace Your Homework with AI
Get the answers you need in no time with our AI-driven, step-by-step assistance
Get Started