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If actuarial assumptions change such that the annuity payable is actually less than originally recorded, the change should be reported A IMMEDIATELY as a reduction
If actuarial assumptions change such that the annuity payable is actually less than originally recorded, the change should be reported
A IMMEDIATELY as a reduction in the annuity payable
B immediately as a expense
C AS A expense at the time the annuity obligations are fullfilled
D As a reduction of annuity payable at the time the annuity obligations are fulfilled
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