If an Enterprise funds transfer employer contributions to the Pension Trust fund, which of the following best describes the effect of the transaction on each fund?

A. The Enterprise fund will report expenses and the Pension Trust fund will report revenues

B. The Enterprise funds will report deductions and the Pension trust fund will report additions.

C. The enterprise fund will report expenses and the Pension trust fund will report additions.

D. The Enterprise fund will report expenditures and the Pension trust fund will report revenues.

Even though each of the following funds involve involve a form of fiduciary responsibility , the fund that is not reported as a fiduciary fund for GAAP reporting purposes is a (n)

A.investment trust fund

B.Permanent fund

c.private purpose trust fund

d. pension trust fund

The accounting parameters established by GASB STATEMENT NO.25 DO NOT APPLY TO amounts reported in which of the following?

A. SCHEDULE OF FUNDING PROgress

B.statement of changes in plan net position

c. statement of plan net position

d. statement of cash flows