- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 11. Employee Compensation: Post-Employment and Share-Based
- Subject 3. Analysis of Pension Plan Disclosures
CFA Practice Question
Which statement is true? Minimum liability is recognized when
B. the ABO is greater than the expected value of plan assets.
C. the PBO is greater than the fair value of plan assets.
A. the ABO is greater than the fair value of plan assets.
B. the ABO is greater than the expected value of plan assets.
C. the PBO is greater than the fair value of plan assets.
Correct Answer: A
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