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Under the defined benefit plan, which of the following will affect annual pension expense (enter 1, 2, 3, or 4 that represents the correct answer)?
Under the defined benefit plan, which of the following will affect annual pension expense (enter 1, 2, 3, or 4 that represents the correct answer)? 1. Amortization of prior service cost 2. Firms making contributions to plan assets 3. Distribution of pension benefits. 4. Recording an increase in pension liability due to interest rate decreases.
Under the defined benefit plan, which of the following will affect annual pension expense (enter 1, 2, 3, or 4 that represents the correct answer)?
1. Amortization of prior service cost
2. Firms making contributions to plan assets
3. Distribution of pension benefits.
4. Recording an increase in pension liability due to interest rate decreases.
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