At the end of the current period, Oxford Ltd.has a defined benefit obligation of £195,000 and pension plan assets with a fair value of £110,000.The amount of the vested benefits for the plan is £105,000.What amount related to its pension plan will be reported on the company's statement of financial position?
A) £5,000
B) £90,000
C) £85,000
D) £20,000
Correct Answer:
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