Presented below is information related to Noble Inc.as of December 31, 2011.

The amount reported as the pension liability on Noble's statement of financial position at December 31, 2011 is as follows:

Question

Presented below is information related to Noble Inc.as of December 31, 2011.

The amount reported as the pension liability on Noble's statement of financial position at December 31, 2011 is as follows:

Quizplus · Accepted Answer

The information provided does not include any pension liability for Noble Inc. Therefore, the amount reported as the pension liability on its statement of financial position would be zero, or $-0-. The only option that reflects this is B, which is the correct answer.

Presented Below Is Information Related to Noble Inc