A Gain from Changing an Estimate Regarding the Obligation for Pension

question 140

Multiple Choice

A gain from changing an estimate regarding the obligation for pension plans will:

• A) Increase assets.
• B) Increase liabilities.
• C) Decrease shareholders' equity.
• D) Increase shareholders' equity.

---

Definitions:

Leadership and Management

Refers to the skills, strategies, and processes involved in directing and controlling individuals or groups to achieve organizational goals.

Participation Rate

The percentage of eligible individuals or entities that take part in a particular program or activity.

Wholesale Trade

The business of selling goods in large quantities at lower prices to retailers or other businesses, rather than selling to consumers directly.

Transportation

The system or means by which people or goods are moved from one place to another, which can include vehicles, infrastructure, and operations.