Question
Which of the following components decreases pension expense? Select which ones apply: a. Amortization of actuarial gains (amortization of gains due to changes in actuarial
- Which of the following components decreases pension expense? Select which ones apply:
a. Amortization of actuarial gains (amortization of gains due to changes in actuarial estimates)
b. Service cost
c. Expected positive return
d. Amortization of actuarial losses (amortization of losses due to changes in actuarial estimates)
e. Interest cost
2. Match with the selections below and indicate where the following pension accounts are reported:
1. Pension Expense (pension cost or expense):
2. Projected benefit plan debt (Projected Benefit Obligation = PBO):
3. Gains or Losses from Changes in Actuarial Estimates:
4. Net Debt of the defined benefit plan (Net Pension liability):
5. Net Asset of the defined benefit plan (Net Pension Asset):
- Notes to the financial statements
- Balance Sheets - capital section
- Balance Sheets - assets section
- Balance Sheets - debt section
-Income Statement
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