Which Statement Is Not True

question 40

Multiple Choice

Which statement is not true?

• A)In the computation of pension expense, a negative return on plan assets can be added.
• B)The amount of prior service cost is not included as an asset or a liability.
• C)Interest cost is equal to the projected benefit obligation at the end of the period multiplied by the discount rate used by the company.
• D)A lower-than-expected mortality rate creates a pension loss to a company.

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Definitions:

Avoiding Disclosure

The act of intentionally withholding information or keeping certain details secret.

Highest Level

The peak or topmost position in a hierarchy or scale, representing the utmost degree of excellence, achievement, or power.

Self-disclosure

The act of revealing personal information about oneself to others, which can help in building trust and deepening relationships.

Avoiding Self-disclosure

The deliberate withholding of personal information or feelings from others, often to maintain privacy or prevent vulnerability.