The 2022 data for Mars, Inc.'s defined benefit pension plan is as follows: PBO, January 1, $ 245,000 and December 31, $278, 000; pension plan assets (fair value) January 1, $188,000, and December 31, $236,000. The pension plan was underfunded at the end of 2022 by: Multiple Choice $33,000. $48,000. $57,000. $42,000.

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Employee Benefits

In an organization employees are the most important resource and most important asset. They can lead an organization to the sky or can be the reason for unsuccessful of business. Therefore, it is very much important that employees of an organization should be satisfied by the environment of the organization and most importantly with the salary, wages incentives, etc.