Question: A certain fund has ($ 80) million in plan assets and ($ 110) million in projected liabilities. Can this sponsor use the 7-year smoothing method

A certain fund has $\$ 80$ million in plan assets and $\$ 110$ million in projected liabilities. Can this sponsor use the 7-year smoothing method to catch up on the funded status requirement?No, they cannot use the 7-year smoothing methodYes, they can use the 7-year smoothing methodThey cannot use 7-year smoothing, but they can use 10-year smoothing.

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