Under current GAAP,volatility in asset returns translates directly into net income volatility because the return on plan assets reduces pension expense.

Name: Under current GAAP,volatility in asset returns translates directly into net income volatility because the return on plan assets reduces pension expense.
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The Answer of Under current GAAP,volatility in asset returns translates directly into net income volatility because the return on plan assets reduces pension expense.

Under Current GAAP,volatility in Asset Returns Translates Directly into Net