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At the End of 2017, Lime Inc

Question 43

Multiple Choice

At the end of 2017, Lime Inc.has determined the following adjusted information related to its defined benefit pension plan At the end of 2017, Lime Inc.has determined the following adjusted information related to its defined benefit pension plan   The corporation uses IFRS.Assume the net defined benefit liability/asset account at January 1, 2017 was nil.If the contribution to plan assets in 2017 is $410,000, the pension expense for 2017 is A) $100,000. B) $310,000. C) $410,000. D) $510,000. The corporation uses IFRS.Assume the net defined benefit liability/asset account at January 1, 2017 was nil.If the contribution to plan assets in 2017 is $410,000, the pension expense for 2017 is


A) $100,000.
B) $310,000.
C) $410,000.
D) $510,000.

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