If the assumed pension interest rate assumption is lowered, the anal pension cost will increase (c) If

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If the assumed pension interest rate assumption is lowered, the anal pension cost will increase

(c) If the assumed pension interest rate assumption is increased, the annual pension cost will increase

(d) Due to the accounting reles for pension plans, most companies have underfunded pension plans

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Understanding Financial Statements

ISBN: 9780131878563

8th Edition

Authors: Lyn M Fraser, Aileen Ormiston

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