Question: ABC has a defined benefit pension plan. ABC reported a net pension liability in last year's balance sheet. This year, the company revised its
ABC has a defined benefit pension plan. ABC reported a net pension liability in last year's balance sheet. This year, the company revised its estimate of future salary levels causing its PBO estimate to increase by $694. The actual return on plan assets was $250 while the expected return was $315. The effect on accumulated other comprehensive income (AOCI) is: Answer:
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