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The difference between pension plan assets and the PBO is equal to the funded status of the plan.
Trade Secrets
Confidential business information that provides an enterprise a competitive edge, such as formulas, practices, processes, designs, instruments, or patterns.
Intellectual Property
Creations of the mind, such as inventions, literary and artistic works, designs, and symbols, that are legally protected from unauthorized use by others.
Trade Secret
Any information that provides a business with a competitive advantage but isn’t shared openly.
Competitive Advantage
The attributes that allow an organization to outperform its competitors, such as superior products, processes, or technology.
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