On January 1, 2019, Soloman Company changes the factor in the benefit formula from 0.02 to 0.022,
Question:
On January 1, 2019, Soloman Company changes the factor in the benefit formula from 0.02 to 0.022, retroactive to the adoption of the plan. The amendment will result in a(n):
a. Decrease in projected benefit obligation
b. Increase in service cost
c. Decrease in pension expense
d. Increase in plan assets
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Related Book For 
Intermediate Accounting Reporting and Analysis
ISBN: 978-1337788281
3rd edition
Authors: James M. Wahlen, Jefferson P. Jones, Donald Pagach
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