Which of the following is NOT a sufficient basis for recording an asset for pension contributions receivable?

Recording an asset for pension contributions receivable typically requires clear evidence that contributions will be made and are expected to be received. This usually comes from formal commitments or consistent behaviors indicating that contributions will indeed occur.

When considering what does not provide a sufficient basis for recording an asset, recognizing a liability for the employer's net pension obligation might seem like clear evidence of a commitment. However, it doesn't, by itself, indicate that specific contributions will be received. A net pension obligation refers to the total expected payout based on the pension plan's defined benefit formula, but this recognition does not ensure that cash will be received in the present or immediate future related to that obligation, which is necessary for asset recognition.

The other options involve clearer commitments or patterns that indicate cash inflows related to pension contributions. For instance, an appropriation by the employer signifies a designated amount set aside for funds; a consistent payment pattern suggests a track record that establishes expected future contributions; and a formal commitment indicates a direct promise to pay. Hence, these do provide a basis for recording an asset, while merely recognizing a liability does not fulfill the requirement of demonstrating that cash will actually be received in the context of pension contributions.