1.

2.

Which of the following is a characteristic of a defined benefit pension plan? The employer's contribution each period is fixed. 0 The benefits to be received by employees are determined by the size of the pension fund at the time an employee retires. The size of pension asset/liability depend on actuarial estimates. The benefit of gain or the risk of loss from the assets contributed to the pension fund is borne by the employee. When calculating diluted EPS, the effect of convertible securities is computed by the incremental method. book value method. if-converted method. treasury stock method