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What are possible reasons for a pension plan to be underfunded? Select one: a. All of the listed answers b. Actual returns on pension plan
What are possible reasons for a pension plan to be underfunded? Select one: a. All of the listed answers b. Actual returns on pension plan assets are less than expected. c. Changes in actuarial assumptions that increase the pension obligation immediately. d. Cash contributions to the plan are less than the total pension expense. e. None of the listed answers.
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