FAR 6 HW Q A
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What does SIR AGE stand for, and what does it help with
it helps calculate the pension expense under US GAAP. stands for the following
- S - Current Service Cost
- I - Interest Cost
- R - Return on Plan Assets
- A - Amortization of Prior Service Cost
- G - Gains and Losses
- E - Amortization of Exsisting Net Obligations or net asset.
If the Projected Benefit Obligation exceeds the ----------------- of the pension plan assets the pension plan is under funded.
If the Projected Benefit Obligation exceeds the fair value of the pension plan assets the pension plan is -------------------.
What would you like to do?
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