If the Fair Value of the Plan Assets Is $260,000

question 69

Multiple Choice

If the fair value of the plan assets is $260,000 at the beginning of 2015,the beginning of the year projected benefit obligation is $250,000,the cumulative unrecognized gains are $30,000 at the beginning of 2014 and $28,250 at the beginning of 2015,and the average remaining service period of active employees is 10 years,then the amortization of accumulated unrecognized gains for 2015 is

• A)$0.
• B)$200.
• C)$225.
• D)$2,600.

---

Definitions:

Executor

An individual appointed in a will who is responsible for executing the deceased's estate according to the will's directives.

Testator

A person who has made a will or given a legacy.

Inadvertent Destruction

Unintentional damage or ruin of something, often resulting in loss or impairment.

Partial Revocation

The act of cancelling or annulling a portion of a legal document while leaving the rest unchanged.