Using your selected company annual report, answer the following questions: Required: Review the financial statements for the company and answer the following questions for the last reporting year: Do the companies report any pension expenses? if yes, how much? If so, do the companies have defined contribution or defined benefit pension plans? Distinguish between a defined contribution and defined benefit pension plans. Give examples of each. Why is there a pension accounting problem with defined benefit pension plans but not with defined contribution plans? Does the company disclose any other expenses associated with postretirement benefits? Post the link to your company annual report.

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