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In a defined-benefit plan, the process of funding refers to

A. determining the accumulated benefit obligation.

B. determining the projected benefit obligation.

C. determining the amount that might be reported for pension expense.

D. making the periodic contributions to a funding agency to ensure that funds are available to meet retirees' claims

Accounting Basics, Accounting

  • Category:- Accounting Basics
  • Reference No.:- M9408996

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