CFA Practice Question

There are 520 practice questions for this study session.

CFA Practice Question

To determine plan assets and plan liabilities, an analyst should refer to the ______.
A. balance sheet
B. footnotes
C. statement of stockholders' equity
Explanation: The balance sheet reports a company's net funded position, with the separate components (i.e., plan assets and plan liabilities) disclosed in the footnotes.

User Contributed Comments 3

User Comment
siggarusfigs Pension plan?
dan1987 What is a plan asset and liability?
thebkr7 Got me
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