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True or false 1. The prepaid/accrued pension cost account balance equals the difference between the projected obligation and the pension plan assets. 2. The FASB

True or false

1. The prepaid/accrued pension cost account balance equals the difference between the projected obligation and the pension plan assets.

2. The FASB recommends the years-of-service method for amortization of unrecognized prior service costs.

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