Under IFRS, a Net Defined Benefit Asset Is Reported When

question 86

Multiple Choice

Under IFRS, a net defined benefit asset is reported when

• A) the defined benefit obligation exceeds the fair value of pension plan assets.
• B) the fair value of pension plan assets exceeds the defined benefit obligation.
• C) the pension expense for the period is the same as the contributions made to the pension plan for the same period.
• D) the vested benefits exceed the fair value of pension plan assets.

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