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Gorilla,Corp

question 33

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Gorilla,Corp.implemented a defined-benefit pension plan for its employees on January 2,2012.The following data are provided for year 2012,as of December 31 Gorilla,Corp.implemented a defined-benefit pension plan for its employees on January 2,2012.The following data are provided for year 2012,as of December 31   What amount should Gorilla record as additional minimum pension liability at December 31,2012? A)  $0 B)  $5,000 C)  $20,000 D)  $45,000
What amount should Gorilla record as additional minimum pension liability at December 31,2012?


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Polished

Describes something that has been refined, improved, or made smooth and shiny, often through thorough work or effort.

Satisfactory Performance

The achievement of work or tasks to a level that meets agreed standards or expectations.

Good Faith

A principle of honesty, fairness, and sincerity in dealings, devoid of intent to defraud or seek unfair advantage.

Minor Details

Small or less important elements or aspects of something that might often be overlooked but can be crucial for completeness and understanding.

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