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In a Defined Benefit Plan, for the Employer, the Term

Question 15

Multiple Choice

In a defined benefit plan, for the employer, the term "funding" refers to


A) being responsible for the assets of the pension plan.
B) determining the defined benefit obligation.
C) making periodic contributions to a funding agency to ensure that funds are available to meet retirees' claims.
D) calculating the amount to report for pension expense.

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