Conduct a search on the Internet to find current news about the funded status of pension and OPEB plans for state and local governments. What do you find? State your source.
Answer to relevant QuestionsList three unique characteristics of state and local governmental accounting as contrasted with business enterprise accounting.Obtain the CAFR of a governmental unit, and read the MD& A. Describe three significant comments made by management.Use the Internet to review a government’s CAFR. Review all financial statements carefully. Read the MD& A. Consider the comments made in the MD& A in light of the financial statements. Write a brief report assessing the ...What is contractual adjustment?What is a ledger, and how is it used in the accounting process?
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