Which Statement Is Not Correct

question 37

Multiple Choice

Which statement is not correct?

• A)If an enterprise has a pension plan with a defined benefit liability and another plan with a defined benefit asset,the two amounts would be shown net in the balance sheet.
• B)If an enterprise has a pension plan with a defined benefit liability and another plan with a defined benefit asset,the two amounts would be shown separately in the balance sheet.
• C)Two plans that both have net liability positions can be combined.
• D)Two plans that both have net asset positions can be combined.

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Definitions:

Goal Commitment

The determination and persistence of an individual or group to achieve a set of objectives or targets.

Expectancy Theory

A motivational theory suggesting that individuals are motivated to perform or act based on the expected outcomes and the value they place on those outcomes.

Counseling

A supportive process that helps individuals to explore, understand, and overcome personal, social, or psychological challenges and difficulties.

Self-Confidence

A person's belief in their own abilities, qualities, and judgment.