Listed below are five terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Return on plan assets exceeds the expectation
A)Caused by plan amendment.
B)Causes a loss-other comprehensive income.
C)Causes a gain-other comprehensive income.
D)Caused by changes in assumptions used to measure the PBO.
E)Pension plan assets exceed the PBO.

Question

Quizplus · Accepted Answer

When the return on plan assets exceeds expectations, it is recognized as a gain in other comprehensive income, reflecting the positive performance of the investments related to the pension plan.

Listed Below Are Five Terms Followed by a List of Phrases