Payments Made to a State Pension Plan by the State

Multiple Choice

Payments made to a state pension plan by the state government on behalf-of a local government should

A) not be displayed or disclosed in the local government financial statements.
B) be displayed as a revenue in the local government financial statements.
C) be displayed as both a revenue and an expenditure in the local government financial statements.
D) should be disclosed, but not displayed, in the local government financial statements.