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QUESTION 6 A corporation has a defined-benefit plan. A pension liability will result at the end of the year if the fair value of

QUESTION 6 A corporation has a defined-benefit plan. A pension liability will result at the end of the year if the fair value of the plan assets exceeds the projected benefit obligation. amount of pension expense exceeds the amount of employer contributions. projected benefit obligation exceeds the fair value of the plan assets. amount of employer contributions exceeds the pension expense.

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