QUESTION 4 10 points Which statement regarding the recording of a liability for future required payments to defined benefit pension plans in government-wide statements is most correct? Governments do not show pension liabilities on their financial statements, but must disclose the present value of future payments as well as plan assets Governments neither record a liability nor disclose expected future pension liabilities A liability is shown for the net amount by which present value of future payments due employees for their past services is greater than the net assets of the trust. A liability is shown for the present value of future payments due employees for their past services, and a separate asset is shown for the assets of the pension plan