There Are Rules in Canada That Require Companies to Report

question 12

Multiple Choice

There are rules in Canada that require companies to report serious incidents related to their DBMS product once it is installed and used.Where would such a report, be sent?

• A)Statistics Canada
• B)Health Canada
• C)the provincial government
• D)the municipal government

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Definitions:

GASB Statement No. 68

A standard issued by the Governmental Accounting Standards Board that establishes accounting and reporting requirements for pensions by state and local governments.

Government's Liability

The obligations that the government is responsible for, often stemming from borrowing, legal claims, or other financial commitments.

Defined Benefit Pension Plans

Retirement plans where the benefits that employees receive are calculated using formulas considering factors like salary history and tenure, rather than depending on investment returns.