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QUESTION 1 Employers are at risk with defined-benefit plans because they must contribute enough to meet the cost of benefits that the plan defines.

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QUESTION 1 Employers are at risk with defined-benefit plans because they must contribute enough to meet the cost of benefits that the plan defines. TRUE FALSE QUESTION 2 Companies should recognize the entire increase in projected benefit obligation due to a plan initiation or amendment as pension expense in the year of amendment. TRUE FALSE QUESTION 3 Pension plan assets are not recognized in the company s accounts or its financial statements. TRUE FALSE

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