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Pension Plans 2. What are the economic and accounting differences between a defined contribution plan and a defined benefit plan? Answer the following for Defined
Pension Plans
2. What are the economic and accounting differences between a defined contribution plan and a defined benefit plan? Answer the following for Defined Benefit Plans:
2a. How do Defined Benefit Plan Assets change? Show a table.
2b. How does a Defined Benefit Plan Projected Benefit Obligation change? Show a table.
2c. How is the Net Pension Asset or Liability determined? Show a table.
2d. What are the components of Net Pension Expense? Show a table.
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