Problem related to pension asset

Assignment Help Accounting Basics

Reference no: EM13132123

A pension asset is reported when:

a. the accumulated benefit obligation exceeds the fair value of pension plan assets.

b. the accumulated benefit obligation exceeds the fair value of pension plan assets, but a prior service cost exists.

c. pension plan assets at fair value exceed the accumulated benefit obligation.

d. pension plan assets at fair value exceed the projected benefit obligation.

Reference no: EM13132123

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