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A government offers a defined contribution pension plan for police and firemen. The General Fund makes its annual contribution to the pension trust. How should
A government offers a defined contribution pension plan for police and firemen. The General Fund makes its annual contribution to the pension trust. How should the receipt of this money be reported by the Pension Trust Fund?
Multiple Choice
- As an Other Financing Source.
- As Interfund Revenue.
- As a liability (Due to General Fund).
- As an Addition (contributions from employer).
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