Managerial Accounting
December 3rd, 2022
look at the front page of this Q1 Calper′s report and compare it to the same front page of the report from Q3 (Compare the Q1 report to the Q3 report attached below)The perspective you are taking in the writeup is that of a current or former California state employee. Your retirement funds (i.e., your biggest asset) are being managed by the Calper′s board of directors. Use concepts from variance analysis and capital budgeting to discuss/evaluate how you believe the board who ″directs your retirement funds″ is doing. Your narrative should refer to ″key figures″ from these comparative reports. Are