Question: What does the funded ratio measure? Select one: a . the portion of the total pension liability that is covered by the fiduciary net position

What does the funded ratio measure?
Select one:
a. the portion of the total pension liability that is covered by the fiduciary net position
b. the portion of the current year's tax levy that was collected during the year
c. the portion of the outstanding debt that is scheduled to be paid off in the next 10 years
d. the portion of the outstanding debt that has been set aside in a debt service reserve fund
What does the funded ratio measure? Select one: a

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