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Which of the following statements is not true regarding the pension expense recognized under employer reporting rules? The amount of pension expense is affected by
Which of the following statements is not true regarding the pension expense recognized under employer reporting rules?
The amount of pension expense is affected by the current period service cost and interest on the total pension liability.
Projected levels of earnings on pension plan investments impact the amount of pension expense recognized.
Changes to pension plan assumptions made in the current year will be recognized in the pension expense over the applicable time period.
Benefit payments to retired employees increase the pension expense amount.
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