Question: Compared to the 2009 reported fi nancial statements, if Stereo Warehouse had used the same expected long-term rate of return on plan assets assumption in
Compared to the 2009 reported fi nancial statements, if Stereo Warehouse had used the same expected long-term rate of return on plan assets assumption in 2009 as it used in 2007, its year-end 2009 pension obligation would most likely have been:
A . lower.
B . higher.
C . the same.
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