Indicate by letter whether each of the events listed below increases (I), decreases (D), or has no effect (N) on an employer's periodic pension expense in the year the event occurs. Events 1. Interest cost. _____ 2. Amortization of prior service cost---AOCI. ______ 3.Excess of the expected return on plan assets over the actual return _____ 4. Expected return on plan assets. _____ 5. A plan amendment that increases benefits is made retroactive to prior years. ____ 6. Actuary's estimate of the PBO is increased. ____ 7. Cash contributions to the pension fund by the employer. ____ 8. Benefits are paid to retired employees. ____ 9. Service cost. ____ 10. Excess of the actual return on plan assets over the expected return. ____ 11. Amortization of net loss--- AOCI. ____ 12. Amortization of net gain---- AOCI.
Indicate by letter whether each of the events listed below increases (I), decreases (D), or has no effect (N) on an employer's periodic pension expense in the year the event occurs.
Events
1. Interest cost. _____
2. Amortization of prior service cost---AOCI. ______
3.Excess of the expected return on plan assets over the actual return _____
4. Expected return on plan assets. _____
5. A plan amendment that increases benefits is made retroactive to prior years. ____
6. Actuary's estimate of the PBO is increased. ____
7. Cash contributions to the pension fund by the employer. ____
8. Benefits are paid to retired employees. ____
9. Service cost. ____
10. Excess of the actual return on plan assets over the expected return. ____
11. Amortization of net loss--- AOCI. ____
12. Amortization of net gain---- AOCI. ____
Trending now
This is a popular solution!
Step by step
Solved in 2 steps with 1 images
