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When a company establishes a retirement plan, they can either establish a trust to handle the funds or handle the funds themselves (most large firms entrust the handling and investment of the plan's funds to a third party). What is your opinion as to whether the funds in the plan should be part of a company's financial balance sheet or a separate entity and not part of the company's financials? If they are part of the financials what is it saying as to the ownership of the funds?

Around 200 words.

Accounting Basics, Accounting

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