A Pension Asset Is Reported When

question 78

Multiple Choice

A pension asset is reported when

• A)the accumulated benefit obligation exceeds the fair value of pension plan assets.
• B)the accumulated benefit obligation exceeds the fair value of pension plan assets, but a past service cost exists.
• C)pension plan assets at fair value exceed the accumulated benefit obligation.
• D)pension plan assets at fair value exceed the defined benefit obligation.

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Definitions:

Closed-end Questions

Questions designed to elicit a short, specific response, often limited to "yes" or "no", facilitating more controlled responses in a conversation.

Standing-room-only Close

A sales tactic implying limited availability or space to pressure a decision, suggesting that immediate action is needed or an opportunity will be missed.

Closing Purpose

The primary goal of concluding a sale or negotiation, typically involving securing agreement or commitment from the other party.

Summary-of-benefits Close

A sales technique that highlights the advantages or positive outcomes of a product or service, leading to a close.