Net pension liabilities are reported in statements prepared using the economic resource measurement focus and accrual basis of accounting.

Name: Net pension liabilities are reported in statements prepared using the economic resource measurement focus and accrual basis of accounting.
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Question

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Financial statements prepared using the economic resources measurement focus and accrual basis of accounting must report a liability equal to the net pension liability.

Net Pension Liabilities Are Reported in Statements Prepared Using the Economic