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Basic Question 23 of 24
The corridor approach was invented to prevent the balance of the Unrecognized Gain or Loss account balance from getting too small. True or False?
User Contributed Comments 1
| User | Comment |
|---|---|
| dblueroom | I think the invention of the corridor approach is really to defer the recognization of gain, but also is to prevent the balance from getting too big. |
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 measures of a defined benefit pension obligation (i.e., present value of the defined benefit obligation and projected benefit obligation) and net pension liability (or asset);
describe the components of a company's defined benefit pension costs;
explain and calculate the effect of a defined benefit plan's assumptions on the defined benefit obligation and periodic pension cost;
CFA® 2025 Level II Curriculum, Volume 2, Module 11.