What Is the Pension Expense for the Following Plan? "The

question 15

Multiple Choice

What is the pension expense for the following plan? "The company must contribute $100/year for each of its 500 employees. The plan hopes to accumulate enough funds so that each retiree receives $10,000 in the future; the plan does not guarantee the investment returns to the employees."

• A)$100
• B)$10,000
• C)$50,000
• D)$5,000,000

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