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The actuarial valuation and accounting for defined benefit pension plans involves a number of different estimates. For each of the following changes in assumptions, identify

image text in transcribed The actuarial valuation and accounting for defined benefit pension plans involves a number of different estimates. For each of the following changes in assumptions, identify the likely effect on the indicated items at the end of the current year (increase, decrease, or no effect). Assume that the sponsor's balance sheet has a net defined benefit pension asset

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