What Four Accounts Are Affected by the Accounting for a Defined

question 55

Multiple Choice

What four accounts are affected by the accounting for a defined benefit pension plan?

• A)Cash, pension expense, OCI, and the defined benefit asset or liability.
• B)Expected gains and losses, cash, income, pension expense.
• C)Pension liability, pension expense, cash, income.
• D)Pension expense, pension assets, pension liability, cash.

---

Definitions:

Crucial Dimensions

Essential aspects or components that define or distinguish characteristics of phenomena, objects, or concepts, often used in making comparisons or in analysis.

Persuasion

The process of influencing someone's beliefs, attitudes, intentions, motivations, or behaviors through argument, reasoning, or appeal.

Honda Salesperson

An individual specialized in selling Honda vehicles, knowledgeable about the brand's models, features, and benefits to assist consumers in making a purchase.

Implicit Association Test

A psychological test designed to reveal the strength of a person's subconscious association between mental representations of objects (concepts) in memory.