A headline in the Wall Street Journal stated, Firms Increasingly Tap Their Pension Funds to Use Excess

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A headline in the Wall Street Journal stated, “Firms Increasingly Tap Their Pension Funds to Use Excess Assets.” What is the accounting issue related to the use of these “excess assets” by companies?

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Intermediate Accounting

ISBN: 978-0470423684

13th Edition

Authors: Donald E. Kieso, Jerry J. Weygandt, And Terry D. Warfield

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Question Posted: Dec 23, 2010 06:47 AM

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A headline in the Wall Street Journal stated, Firms Increasingly Tap Their Pension Funds to Use Excess

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Intermediate Accounting

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