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What Four Accounts Are Affected by the Accounting for a Defined

Question 46

Multiple Choice

What four accounts are affected by the accounting for a defined benefit pension plan?


A) Cash, pension expense, OCI, and the defined benefit asset or liability.
B) Expected gains and losses, cash, income, pension expense.
C) Pension liability, pension expense, cash, income.
D) Pension expense, pension assets, pension liability, cash.

Correct Answer:

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