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Case 14-1 Pension Benefits Pension accounting has become more closely associated with the method of determining pension benefits. Required: a. Discuss the following methods of
Case 14-1 Pension Benefits
Pension accounting has become more closely associated with the method of determining pension benefits.
Required:
a. Discuss the following methods of determining pension benefits:
i. Defined contribution plan
ii. Defined benefit plan
b. Discuss the following actuarial funding methods:
i. Cost approach
ii. Benefit approach
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