Which Statement Is False

question 87

Multiple Choice

Which statement is false?

• A) In the computation of pension expense, a negative return on plan assets can be added.
• B) The amount of prior service cost is not included as an asset or a liability.
• C) Interest cost is equal to the projected benefit obligation at the end of the period multiplied by the discount rate used by the company.
• D) A lower-than-expected mortality rate creates a pension loss to a company.

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Definitions:

Assumption

Something presumed to be true or certain to occur, even without evidence.

Simp

A slang term often used colloquially to describe someone who performs excessive sympathy and attention toward another person, sometimes in pursuit of a romantic relationship, typically perceived as not reciprocated or appreciated to the same extent.

Taut

An expression or statement that is redundantly repetitive or circular in its reasoning, effectively always true.

Contra

Against or in opposition to a particular argument or claim.