Question
Government and Not-For-Profit Accounting Deferred compensation plans , for other than proprietary fund employees, adopted under IRC Sec. 457 should be reported in a(an): Pension
Government and Not-For-Profit Accounting
Deferred compensation plans, for other than proprietary fund employees, adopted under IRC Sec. 457 should be reported in a(an): Pension (and other employee benefits) trust fund.
Why is this topic important?
How do the ideas within the question affect Government and Not-For-Profit Accounting?
Who are the affected parties?
What are the incentives of the users, preparers, and lawmakers?
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Financial Accounting
Authors: Jan R. Williams, Susan F. Haka, Mark S. Bettner, Joseph V. Carcello
12th Edition
0071116796, 978-0071116794
