Question: If a company increases its expected return on plan assets this year, the effect would be to: I. increase plan assets. II . decrease PBO.
If a company increases its expected return on plan assets this year, the effect would be to:
I. increase plan assets.
II decrease PBO.
III. decrease pension expense.
IV decrease minimum liability.
Question options:
III only
III and IV
I and IV
I, II and IV
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