ASC Topic 715 requires disclosure of certain weighted-average rates that were used for determining amounts disclosed...

 

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ASC Topic 715 requires disclosure of certain weighted-average rates that were used for determining amounts disclosed for defined benefit pension plans. Which of the following weighted-average rates should be disclosed for defined benefit pension plans? Rate of compensation increase A. B. C. D. Yes No Yes Yes Expected return on plan assets Yes Yes Yes No Discount rate for benefit obligation No Yes Yes Yes ASC Topic 715 requires disclosure of certain weighted-average rates that were used for determining amounts disclosed for defined benefit pension plans. Which of the following weighted-average rates should be disclosed for defined benefit pension plans? Rate of compensation increase A. B. C. D. Yes No Yes Yes Expected return on plan assets Yes Yes Yes No Discount rate for benefit obligation No Yes Yes Yes

Answer rating: 100% (QA)

C Yes because all three of the rates are required to be disclosed for defined ... View the full answer