Examlex
Explain the four major nonmobile client operating systems and their functions.
Pensions
Retirement plans funded either by employers or governments, providing income to individuals upon retirement.
GAAP
Generally Accepted Accounting Principles; the standard framework of guidelines for financial accounting used in any given jurisdiction, particularly in the United States.
Projected Benefit Obligation
The present value of estimated future payments required to settle the obligations of a pension plan over its employees' expected future service.
Plan Assets
Assets that are held by a retirement plan from which the benefits to the participants are to be paid.
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