- CFA Exams
- CFA Level I Exam
- Topic 3. Financial Statement Analysis
- Learning Module 12. Employee Compensation: Post-Employment and Share-Based
- Subject 2. Accounting for Defined Benefit Plans
CFA Practice Question
Benefits paid ______ PBO and ______ plan assets.
A. decrease, decrease.
B. decrease, increase.
C. increase, decrease.
Explanation: Benefits paid decrease both PBO and plan assets.
User Contributed Comments 0
You need to log in first to add your comment.