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Basic Question 1 of 17
A lower rate of compensation increase:
B. decreases the ABO.
C. does not affect the ABO.
A. increases the ABO.
B. decreases the ABO.
C. does not affect the ABO.
User Contributed Comments 4
| User | Comment |
|---|---|
| mazen1967 | why |
| yxten1 | ABO does not consider future salary increment. |
| sjurrens | only PBO |
| dream007 | "accumulated" |
I am happy to say that I passed! Your study notes certainly helped prepare me for what was the most difficult exam I had ever taken.
Andrea Schildbach
Learning Outcome Statements
explain and calculate how adjusting for items of pension and other post-employment benefits that are reported in the notes to the financial statements affects financial statements and ratios;
interpret pension plan note disclosures including cash flow related information;
CFA® 2025 Level II Curriculum, Volume 2, Module 11.