Question
Government and Not-For-Profit Accounting Instructions: Describe each of the following options by: -Identifying each -Defining each -What each should be reported as and why -What
Government and Not-For-Profit Accounting
Instructions:
Describe each of the following options by:
-Identifying each
-Defining each
-What each should be reported as and why
-What are the related parties with each
Question:
Deferred compensation plans, for other than proprietary fund employees, adopted under IRC Sec. 457 should be reported in a:
Options:
a. Account group
b. Governmental fund
c. Pension trust fund
d. Custodial fund
Explain your answer in detail
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Financial Accounting
Authors: C. William Thomas, Wendy M. Tietz, Walter T. Harrison Jr.
12th edition
134725980, 9780134726656 , 978-0134725987
