A recent proposed changed in pension reporting is that: a. a ...

[maychende]

A recent proposed changed in pension reporting is that:
 
  a. a net pension liability is reported in an employer's government-wide financial statements
  b. the actuarial accrued liability is reported in an employer's government-wide statement of net position
  c. governments no longer have the option of reporting or not reporting the net pension liability in an employer's government-wide statement of net position
  d. changes in the net pension liability are reported as an expense in an employer's government-wide statement of activities

Question 2

The matching principle offers the best measure of net income.
 a. True
   b. False
   Indicate whether the statement is true or false

[wtf444]

Answer to Question 1

a

Answer to Question 2

True