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A pension liability (check all that apply) Is generally larger under LIFO than FIFO. if material, it could create a long term solvency issue for

A pension liability (check all that apply)

Is generally larger under LIFO than FIFO.

if material, it could create a long term solvency issue for the company

can be avoided through aggressive goodwill impairments

Is generated when a defined benefit pension plan is underfunded

will always create short term liquidity issues for the company

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