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Service cost is: a. Calculated by multiplying the beginning balance in plan assets by the expected rate of return. b. Calculated by multiplying the beginning
Service cost is:
a. Calculated by multiplying the beginning balance in plan assets by the expected rate of return.
b. Calculated by multiplying the beginning balance of the projected benefits obligation by the interest rate.
c. Equal to the increase in the projected benefit obligation resulting from benefits earned by employees in the current year period.
d. Equal to the increase or decrease in the projected benefit obligation resulting from the initial of a plan or an amendment to a plan.
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