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Basic Question 16 of 17
To satisfy the minimum pension liability requirement under SFAS No. 87, the fair value of plan assets is subtracted from the projected benefit obligation (PBO). True or False?
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I used your notes and passed ... highly recommended!
Lauren
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.