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A pension asset is reported when A. pension plan assets at fair value exceed the accumulated benefit obligation. B. the accumulated benefit obligation exceeds the

A pension asset is reported when

A. pension plan assets at fair value exceed the accumulated benefit obligation.

B. the accumulated benefit obligation exceeds the fair value of pension plan assets.

C. the accumulated benefit obligation exceeds the fair value of pension plan assets, but a prior service cost exists.

D. pension plan assets at fair value exceed the projected benefit obligation.

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