Which statement best explains the "corridor limit"?
A) This is the lesser of 10% of the pension plan assets and 10% of the pension obligations.
B) This is the greater of 10% of the pension plan assets or 10% of the pension obligations.
C) This is the lesser of 10% of the pension plan assets or 10% of the pension obligations.
D) This is the greater of 10% of the pension plan assets and 10% of the pension obligations.
Correct Answer:
Verified
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