If an Enterprise Fund Transfers Employer Contributions to the Pension

question 40

Multiple Choice

If an Enterprise Fund transfers employer contributions to the Pension Trust Fund, which of the following best describes the effect of the transaction on each fund?

• A) The Enterprise Fund will report expenses and the Pension Trust Fund will report revenues.
• B) The Enterprise Fund will report deductions and the Pension Trust Fund will report additions.
• C) The Enterprise Fund will report expenses and the Pension Trust Fund will report additions.
• D) The Enterprise Fund will report expenditures and the Pension Trust Fund will report revenues.

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Definitions:

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