Question: Defined-contribution plan and defined benefit are the 2 pension plans we cover! 3 diff ways are Vested Benefit Accumulated Benefit Projected Benefit We have covered

 Defined-contribution plan and defined benefit are the 2 pension plans we
Defined-contribution plan and defined benefit are the 2 pension plans we cover!
3 diff ways are
Vested Benefit
Accumulated Benefit
Projected Benefit
cover! 3 diff ways are Vested Benefit Accumulated Benefit Projected Benefit We

We have covered two (2) types of pension plans. a. Define and explain each one. b. What is the major difference between them? c. Who bears the risk in each one? a. We have covered three different ways of measuring the pension liability of a company. Define and explain each one. What is the fundamental difference between them? Which method would conform to the AICPA guidelines

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