Business, 01.12.2021 01:50 bryannnnv

A company that maintains a defined benefit pension plan for its employees reports an unfunded pension liability. This cost represents the amount that the Cumulative net periodic cost accrued exceeds contributions to the plan. Vested benefit obligation exceeds plan assets. Cumulative net periodic cost exceeds the vested benefit obligation. Vested benefit obligation exceeds contributions to the plan.

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