GASB Requires Which of the Following as RSI Schedule(s)about Pensions

question 14

Multiple Choice

GASB requires which of the following as RSI schedule(s) about pensions?

• A) Schedule of funding progress
• B) Schedule of employer contributions
• C) Both of the above
• D) None of the above

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Definitions:

Form 941

A quarterly tax form filed by employers to report income taxes, social security tax, or Medicare tax withheld from employee's paychecks.

Independent Contractors

Independent contractors are individuals or entities contracted to perform work for or provide services to another entity as non-employees, typically on a contract or freelance basis.

Form W-2

A tax form used in the United States to report wages paid to employees and the taxes withheld from them.

Salaries

Compensation that employees receive regularly for rendering their services.