Question: 2 . A pension asset is reported when 1 0 A . the accumulated benefit obligation exceeds the fair value of pension plan assets, but

2 .

A pension asset is reported when

10

.

the accumulated benefit obligation exceeds the fair value of pension plan assets, but a past service cost exists. B pension plan assets at fair value exceed the accumulated benefit obligation. C

.

pension plan assets at fair value exceed the defined benefit obligation. D

.

the accumulated benefit obligation exceeds the fair value of pension plan assets.

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