Question 16 Not yet answered Marked out of 100 Your city has been informed by the pension actuary that the proper pension contribution for the year would be $18 million. However, your city has only budgeted $15 million and so this is the amount that they pay. What is recorded in the general fund? Flag Question O a. $15 million pension expenditure Ob. $15 million pension expenditure with $3 million in pension liability O c. $15 million pension expense with $3 million in pension liability O d. $3 million in pension liability Oe. $15 million pension expense