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Which the following is true regarding pension accounting and reporting for state and local governments? A. Statement of changes in fiduciary net position reports additions
Which the following is true regarding pension accounting and reporting for state and local governments?
A. Statement of changes in fiduciary net position reports additions and deductions computed on the accrual basis
B. Both of the above
C, neither of the above
D. When the general fund makes a contribution to a pension trust fund, the account expenditures is debited
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