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Pension expense must be adjusted when a net gain or a net loss at the beginning of the year exceeds 10% of the PBO or 10% of plan assets, whichever is higher. This threshold amount is referred to as the
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Jul 24, 2023
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Pension expense must be adjusted when a net gain or a net loss at the beginning of the year exceeds 10% of the PBO or 10% of plan assets, whichever is higher. This threshold amount is referred to as the
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Answer:
It is referred to as the Corridor
Step-by-step explanation:
Imjared
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