With regard to current GASB standards for pension reporting, do the following:
a. Distinguish between (1) defined contribution plans and (2) defined benefit plans.
b. Distinguish between (1) agent and (2) cost-sharing multi-employer plans.
c. Define the following terms: (1) plan fiduciary net position and (2) net pension liability.
d. Distinguish between reporting for employers for (1) general government employees and for (2) enterprise fund employees.