Question: Current Attempt in Progress A pension asset is reported when the accumulated benefit obligation exceeds the fair value of pension plan assets. the accumulated benefit
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A pension asset is reported when
the accumulated benefit obligation exceeds the fair value of pension plan assets.
the accumulated benefit obligation exceeds the fair value of pension plan assets, but a prior service cost exists.
pension plan assets at fair value exceed the projected benefit obligation.
pension plan assets at fair value exceed the accumulated benefit obligation.
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