If the plan expected rate of return on assets equals the discount rate used to compute the annual annuity pension expense amount and the fund was funded completely for the year, then the net pension expense would equal the pension cost. A. True B. False

Question

Elizabeth

Business

9 April, 04:51

If the plan expected rate of return on assets equals the discount rate used to compute the annual annuity pension expense amount and the fund was funded completely for the year, then the net pension expense would equal the pension cost. A. True B. False

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Jordan Bridges · Answer 1

Answer: True

Explanation:

net pension expense=pension cost

When plan expected rate of return on assets = discount rate of return on the annual pension expense.