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1) Some pension costs can be deferred or hung up on the balance sheet rather than expensed in current income using a relatively new Equity
1) Some pension costs can be deferred or "hung up" on the balance sheet rather than expensed in current income using a relatively new Equity account. Name it.
2) Name the four kinds of income (expenses) that Pension Trustees can earn on Pension Assets.
3) What is the measurement basis for the annual pension obligation that the employee earns in a defined benefit plan and is used to record the current period pension expense? (Hints: Expected Future Value, Present Value, Market Value)
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