Identify which one of the following terms correctly matches the following definition: The amount a companys pension

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Identify which one of the following terms correctly matches the following definition: The amount a company’s pension obligation increases as a result of employees working and earning more benefits.
a. Pension fund
b. Pension-related interest cost
c. Service cost
d. Pension expense
e. Return on pension fund

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Accounting concepts and applications

ISBN: 978-0538745482

11th Edition

Authors: Albrecht Stice, Stice Swain

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