1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Karo-lina-s [1.5K]
3 years ago
5

A government has a defined contribution plan for its General Fund employees. During the year, it contributed $1,080,000 to its e

mployees' individual defined contribution retirement accounts. At its fiscal year-end, the government still owes $180,000 to its employees' individual defined contribution retirement accounts according to the benefit terms of the defined contribution plan. How much should the government report as expenditures for pensions for its current fiscal year?
Social Studies
1 answer:
Sonbull [250]3 years ago
7 0

Answer:

$1,260,000

Explanation:

Calculation for How much should the government report as expenditures for pensions for its current fiscal year

Based on the information we were told that

the government made contribution of the amount of $1,080,000 to their employees contribution retirement accounts in which at the government fiscal year-end, they still owes the amount of $180,000 to their employees contribution retirement accounts which means that the amount that the should government report as expenditures for pensions for theri current fiscal year will be:

Using this formula

Pension Expenditures=Amount contributed to the employees retirement accounts+ Amount owes by the government to its employees contribution retirement accounts

Let plug in the formula

Pension Expenditures=$1,080,000+$180,000

Pension Expenditures=$1,260,000

Therefore the amount that the government should report as expenditures for pensions for its current fiscal year will be $1,260,000

You might be interested in
What is the main duty of the Executive Branch?
Tanya [424]

Answer:

to "take care that the laws be faithfully executed" enforce laws

Explanation:

4 0
2 years ago
Although sociologists draw on all approaches for various purposes, they do tend to favor one particular perspective over others.
klasskru [66]

Answer:

It leads to a focus on certain aspects of a problem

Explanation:

Based on the information provided within the question it can be said that the main tendency that this statement seems to have is that favoring one perspective leads to a focus on certain aspects of a problem. This prevents the sociologists to see the whole picture and would cause a misguided conclusion because of it.

3 0
3 years ago
According to the federal regulations, human subjects are living individuals about whom an investigator conducting research obtai
iren [92.7K]

Google it and you should get an answer

3 0
3 years ago
Read 2 more answers
Which of the following factors has NOT contributed to Greece’s culture?
ICE Princess25 [194]
The many groups that have ruled greece
6 0
3 years ago
Matt and Ashley are a newly married couple. In their household, each of them has distinct duties. Matt is responsible for cookin
OLEGan [10]

Answer:

The correct answer is : Sexual orientation

Explanation:

It has to do with a person's feelings, it involves the sense of identity; even though, it can or cannot be evident in an individual's appearance or behavior. It refers to the factors that influence the interactions between sex hormones and the developing brain.

5 0
3 years ago
Other questions:
  • Review the chart to answer the question that follows. Total Population GDP Country A 5,000 10,000 Country B 10,000 15,000 Countr
    10·1 answer
  • Corry, a police officer, is working as an undercover drug agent. He enrolls in computer classes at the local community college w
    6·1 answer
  • Jussef is a whiz at spelling. He has won multiple local and regional spelling bees. When he moves to a new state, he makes frien
    7·1 answer
  • A researcher wants to know if giving students chocolate before an exam will improve their scores. Two groups of students take th
    9·1 answer
  • The majority of appointed U.S. Treasury secretaries have been either former partners or managers of Goldman Sachs, a global inve
    13·1 answer
  • Thematic maps for spain descriptions
    6·1 answer
  • What was it like to be a woman in Athens
    10·1 answer
  • 1. What stood out to you in the "Join or Die" political cartoon?
    7·2 answers
  • What contributed to the Indian Wars of the West?
    14·1 answer
  • A person with an extremely high count of neutrophils is likely suffering ________.
    5·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!