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48. Which of the following statements is correct? a. There is an account titled Pension Asset / Liability b. There is an account titled Defined
48.
Which of the following statements is correct?
a. | There is an account titled Pension Asset / Liability | |
b. | There is an account titled Defined Benefit Obligation | |
c. | Unrecognized net gain or loss should be reported in the liability section of the balance sheet | |
d. | Other comprehensive income (PSC) should be included in net income |
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