To Determine Whether a Pension Plan Is Over-Funded or Under-Funded

question 48

Multiple Choice

To determine whether a pension plan is over-funded or under-funded, a company must compare the:

• A)historical cost of the pension plan assets to the accumulated benefit obligation.
• B)accumulated benefit obligation to the plan's projected future obligation.
• C)fair market value of the pension plan assets to the accumulated benefit obligation.
• D)fair market value of the pension plan assets to the historical cost of the assets.

---

Definitions:

Alleged Rape

An accusation of rape that has yet to be legally proven.

Rape Kit

A package of items used by medical professionals to collect evidence from a survivor of rape or sexual assault.

MRSA

Methicillin-resistant Staphylococcus aureus, a type of bacteria that is resistant to several antibiotics, leading to hard-to-treat infections.

Sepsis

A life-threatening condition resulting from the body's response to infection, leading to tissue damage, organ failure, and potentially death.