Two pieces of trend information contained in the required supplementary schedules for Pension Trust Funds are (A) the plan fiduciary net position as a percentage of the total pension liability; and (B) the contribution deficiency in relation to the actuarially determined contribution. The financial status of the pension fund is said to be improving when:

Question

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A pension plan is better funded when the fiduciary net position as a percentage of the total pension liability is higher. Also, a pension plan status is considered better when the deficiency in contributing to the plan decreases over time.

Two Pieces of Trend Information Contained in the Required Supplementary