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In a defined benefit plan, the relationship between the amount funded and the amount reported for pension expense is as follows: Select one: O a.

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In a defined benefit plan, the relationship between the amount funded and the amount reported for pension expense is as follows: Select one: O a. Pension expense must equal the amount funded O b. Pension expense will be less than the amount funded O c Pension expense will be more than the amount funded od Pension expense may be greater than equal or less than the amount funded Which of the following items should be included in the pension expense computation for a defined benefit plan? on Select one: O a. Both fair value of plan assets and amortization of prior service cost O b. Fair value of plan assets, but not amortization of prior service cost O Amortization of prior service cost but not fair value of planets O d. Neither fair value of plan assets nor amortization of prior service cost A pension fiability or asset is required at the projected benefit obligation differs from up on Select one the vested benefit obligation Ob the accumulated benefit obligation O contributions to the plan Od the fair value of planas Mister Co. amended its pension plan on January 2 of the current year. It also granted 5600.000 of unrecognized prior tercice costs to its employees. The employees we all active and expect to provide 2.000 service years in the future, with 350 service years this year. What is Mistor's unrecognized por service con amortization for the year! Select one O: $495.000 b. $2,000 O c. 5105.000 d. $600.000 The following information pertains to Zion Company's defined benefit pension plans Net Pension liability, January 1 Year 1 Service cool Interest cost Actual and expected retum on plan assets Amortization of por service costanding in a prior period Employer contbution 52 000 517,000 $10.000 $22.000 352.000 540 000 In its December 31 Year 1. balance sheet. what amount should Zion report as the Net Pension Asseliability Select one: O 57.000 asset O b. 515.000 ability O c. 545.000 liability O d. 552.000 liability O e. 53.000 asset NO

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