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One Component of Pension Expense Is Interest Revenue on Plan

Question 23

Multiple Choice

One component of pension expense is interest revenue on plan assets.Plan assets include


A) contributions made by the employer and contributions made by the employee when a contributory plan of some type is involved.
B) plan assets still under the control of the company.
C) only assets reported on the statement of financial position of the employer as pension asset/liability.
D) None of these answer choices are correct.

Correct Answer:

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