In which of the following funds would the account "net pension obligation" be most likely to appear?
A) General fund.
B) Enterprise fund.
C) Private-purpose trust fund.
D) Agency fund.

Question

Quizplus · Accepted Answer

The "net pension obligation" is most likely to appear in an Enterprise Fund because these funds are used by government entities to account for activities similar to commercial businesses, where they provide services to the public for a fee and would have employees for whom they have pension obligations.

In Which of the Following Funds Would the Account "Net