Use the Following Information for Questions 68 Through 70

question 83

Multiple Choice

Use the following information for questions 68 through 70.
The following information for Cooper Enterprises is given below: There were no actuarial gains or losses at January 1, 2015. The average remaining service life of employees is 10 years.
-What is the amount that Cooper Enterprises should report as its pension liability on its balance sheet as of December 31, 2015?

• A) $400,000
• B) $60,000
• C) $740,000
• D) $800,000

---

Definitions:

Parents

Individuals who have a child or children, either biologically, through adoption, or other means, and are responsible for their care and upbringing.

Coping Tactic

Strategies or methodologies employed by individuals to manage stress, overcome difficulties, or deal with emotional issues.

Personal Value

An individual's principles or standards of behavior, which guide their actions and judgments.

Work Life

The balance and relationship between one's professional and personal life.