Question: A company that maintains a defined benefit pension plan for its employees reports an unfunded accrued pension cost. This cost represents the amount that the

A company that maintains a defined benefit pension plan for its employees reports an unfunded accrued pension cost. This cost represents the amount that the

a. Cumulative net pension cost accrued exceeds contributions to the plan.

b. Cumulative net pension cost accrued exceeds the vested benefit obligation.

c. Vested benefit obligation exceeds plan assets.

d. Vested benefit obligation exceeds contributions to the plan.

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