What financial statements are prepared for Pension Trust Funds?
Answer to relevant QuestionsDescribe the characteristics that distinguish not-for-profit organizations from business enterprises. Can the governmental unit sponsoring an external investment pool participate in it? 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.Describe the column headings generally used in the government- wide statement of net position. If a government hospital receives a cash grant that contains a time requirement, when should the hospital recognize revenue for the grant?
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