The FASB permits the use of an average market value of plan assets for some pension computations.

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The FASB permits the use of an average market value of plan assets for some pension computations. In other cases, the fair market value at a specific measurement date must be used. Under what circumstances is the average market value permissible?

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Intermediate Accounting

ISBN: 978-0324592375

17th Edition

Authors: James D. Stice, Earl K. Stice, Fred Skousen

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Question Posted: Jan 28, 2012 05:30 AM

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The FASB permits the use of an average market value of plan assets for some pension computations.

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The FASB specified that a marketrelated value of the pension fund may be used to compute the ...View the full answer

Intermediate Accounting

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