GASB standards require that governments advance fund landfill closure and postclosure costs on an actuarial basis similar to the advance funding of pension plans.

Question

Quizplus · Accepted Answer

GASB standards require that governments recognize the costs of landfill closure and postclosure care over the period that the landfill is accepting waste, not on an actuarial basis similar to pensions.

GASB Standards Require That Governments Advance Fund Landfill Closure and Postclosure