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What is the present value of all future retirement payments attributed by the pension benefit formula to employee services rendered prior to that date only? A. Service cost. B. Interest cost. C. Projected
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What is the present value of all future retirement payments attributed by the pension benefit formula to employee services rendered prior to that date only?

A. Service cost.
B. Interest cost.
C. Projected benefit obligation.
D. Accumulated benefit obligation.

User Lifeofbenschi
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1 Answer

3 votes

Answer:

The correct answer is d) Accomulated benefit obligation

Step-by-step explanation:

Accumulated benefit obligation is the present value of all unpaid future retirement profits as of the balance sheet date based on the actual salary levels and the service rendered to that date.

User ThinkGeek
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