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NEW QUESTION: 1
A. Option C
B. Option B
C. Option D
D. Option A
Answer: A
NEW QUESTION: 2
A. Option C
B. Option B
C. Option D
D. Option A
Answer: A
NEW QUESTION: 3
The employer's pension expense is the amount that it is obligated to pay to the pension trust in
A. both defined benefit and defined contribution plans.
B. a defined contribution plan.
C. a defined benefit plan.
Answer: B
Explanation:
In a defined contribution plan, employer's pension expense is equal to annual contribution needed. In a defined benefit plan, the pension obligation is the actuarial present value of forecasted benefits to be paid to retirees.