Which of the following regarding defined benefit pension plans is incorrect? A.Prior service cost increases PBO. B.The

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Which of the following regarding defined benefit pension plans is incorrect?

A.Prior service cost increases PBO.

B.The difference between pension plan assets and the PBO is equal to the funded status of the plan.

C.The projected benefit obligation may be less reliable than the accumulated benefit obligation.

D.An upward revision of the compensation trend would likely cause a gain in the pension benefit obligation.

Posted Date: Oct 21, 2021 04:28 AM

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Which of the following regarding defined benefit pension plans is incorrect? A.Prior service cost increases PBO. B.The

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