In computing the service cost component of pension expense, the fasb concluded that1. the projected benefit obligation using future compensation levels provides a realistic measure of present pension obligation and expense.2. a company should employ an actuarial funding method to report pension expense that best reflects the cost of benefits to employees.3. the projected benefit obligation using current compensation levels provides a realistic measure of present pension obligation and expansion.4. the accumulated benefit obligation provides a more realistic measure of the pension obligation on a going concern basis.1
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In computing the service cost component of pension expense, the fasb concluded that1. the projected...
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