ACE has a defined benefit pension plan. ACE is preparing the December 31, 2015 financial statement disclosures related to the plan assets. It should disclose which of the following? I. Expected Return on Plan Assets
II) Actual Return on Plan Assets

Question

Quizplus · Accepted Answer

For defined benefit pension plans, both the expected return on plan assets and the actual return on plan assets are important disclosures in the financial statements. The expected return impacts the pension expense calculation, while the actual return provides information on how the plan's investments performed compared to expectations.

ACE Has a Defined Benefit Pension Plan