Question 24 1. (3 points) When must a company amortize the beginning balance in its Accumulated Other Comprehensive Income Actuarial Gain/Loss account? (TO 15) Only when its balance is more than 10% of the larger of beginning PBO or Pension Assets Any time the actuary reports a change in statistical estimates or equations Only in the year they change their existing contract with employees Any time there is a balance in the account 5 points Question 25 1. (5 points) Which of the following amounts from the pension worksheet are included in the footnotes but NOT recognized on the financial statements? (10 23) Net Pension Cost on the Income Statement Expected Returns on Plan Assets on the Income Statement Accumulated OCI - Actuarial Gains Losses on the Balance Sheet All of these amounts appear on the financial statements 5 points Question 26 1 points) Which of the following pension accounts are recognized on the financial statements? (1023) Pension Assets Projected Benefit Obligation C Accumulated OCI - Actuarial Gains/Losses None of these are recorded on the financial statements. C