Question
The following information pertains to Hopson Co.'s pension plan: Projected benefit obligation at 1/1/21 $95,000 Assumed settlement rate 6% 99,100. B. $98,700. C. $113,200. D.
The following information pertains to Hopson Co.'s pension plan:
Projected benefit obligation at 1/1/21 $95,000
Assumed settlement rate 6%
99,100.
B.
$98,700.
C.
$113,200.
D.
$97,200.
Service costs for 2021 $24,000
Benefits paid during 2021 $27,500
If no change in actuarial estimates occurred during 2021, Hopson's projected benefit obligation at December 31, 2021 was
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Auditing For Business Clause-Based Requirements
Authors: Robin Briar
1st Edition
B09PMDJ956, 979-8796274712
