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  3. a corporation has a defined-benefit plan. a pensio

A corporation has a defined-benefit plan. A pension liability will result if the Group of...

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Question

Accounting

A corporation has a defined-benefit plan. A pension liability will result if the

Group of answer choices

projected benefit obligation exceeds the fair value of the plan assets

fair value of the plan assets exceeds the projected benefit obligation

amount of employer contributions exceeds the pension expense

amount of pension expense exceeds the amount of employer contributions

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