Question
A pension plan is considered over funded when: The fair value of plan assets exceeds the projected benefit obligation. The projected benefit obligation exceeds the
A pension plan is considered over funded when:
The fair value of plan assets exceeds the projected benefit obligation.
The projected benefit obligation exceeds the fair value of plan assets.
The corridor amount exceeds the actuarial gains and losses.
None of the above
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Financial Accounting
Authors: Kermit D. Larson, William W. Pyle
4th Edition
0256067813, 978-0256067811
