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The Liabilities Related to Benefits and Refunds of a Defined

question 47

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The liabilities related to benefits and refunds of a defined benefit pension plan are reported in a government's fiduciary fund financial statements using the  Full AccrualModified Economic Resources Current Financial  Basis Accrual Basis Measurement FocusResources Measure-  ment Focus  a)  No  Yes  Yes  No  b)  Yes  No  No  Yes  c)  No  Yes  No  Yes  d)  Yes  No  Yes  No \begin{array}{lcccc}&\text { Full Accrual}&\text {Modified }&\text {Economic Resources }&\text {Current Financial }\\& \underline {\text { Basis }}& \underline {\text {Accrual Basis} } & \underline {\text { Measurement Focus} }&\text {Resources Measure- }\\&&&&\text { ment Focus }\\\text { a) } & \text { No } & \text { Yes } & \text { Yes } & \text { No } \\\text { b) } & \text { Yes } & \text { No } & \text { No } & \text { Yes } \\\text { c) } & \text { No } & \text { Yes } & \text { No } & \text { Yes } \\\text { d) } & \text { Yes } & \text { No } & \text { Yes } & \text { No }\end{array}


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