CFA Practice Question

There are 334 practice questions for this study session.

CFA Practice Question

The minimum liability is the difference between the
A. accumulated benefit obligation and the fair value of plan assets.
B. projected benefit obligation and the market-related asset value.
C. projected benefit obligation and the fair value of plan assets.

User Contributed Comments 2

User Comment
tijelo This is not correct. Answer C is correct because PBO should be used as opposed to ABO.
Hishy No, AN is correct.
ABO - FV Assets = Minimum liability
PBO - FV Assets = Funded Status
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