Question
For Whitney Museum's fiscal year ended 6/30/20, what was the expected return on plan assets in its pension plan? A. 2.55% B. 7.25% C. 4.10%
For Whitney Museum's fiscal year ended 6/30/20, what was the expected return on plan assets in its pension plan?
A. | 2.55% | |
B. | 7.25% | |
C. | 4.10% | |
D. | 8.00% |
For Whitney Museum's fiscal year ended 6/30/20, what was the amount of Accumulated Depreciation?
A. | $71,147,000 | |
B. | $22,748,000 | |
C. | $46,542,000 | |
D. | $60,979,000 |
The net pension liability on a government's financial statement is:
A. | The actuarially determined plan liability | |
B. | The difference between the actuarially determined pension liability and the plan's net assets | |
C. | The amount the plan owes its retirees | |
D. | The amount the government owes the plan for the current year's net expense |
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