The General Fund's share of its contribution to a Pension Trust Fund on behalf of the its employees would be reported by the General Fund as

Question

Quizplus · Accepted Answer

The General Fund's contribution to a Pension Trust Fund is an expenditure because it represents a governmental fund's payment for pensions earned by its employees. It is not a transfer out or an other financing source/use, as those refer to items that do not directly affect the fund's expenses or revenues.

The General Fund's Share of Its Contribution to a Pension