D . the shortest possible period for funding to maximize the tax deduction .
41 ) The relationship between the amount funded and the amount reported for pension expense is as follows :
A . pension expense will be more than the amount funded . B . pension expense will be less than the amount funded . C . pension expense must equal the amount funded .
D . pension expense may be greater than , equal to , or less than the amount funded .
42 ) The projected benefit obligation is the measure of pension obligation that
A . requires the longest possible period for funding to maximize the tax deduction .
B . requires pension expense to be determined solely on the basis of the plan formula applied to years of service to date and based on existing salary levels .
C . is required to be used for reporting the service cost component of pension expense .
D . is NOT sanctioned under generally accepted accounting principles for reporting the service cost component of pension expense .
43 ) Yeager Co . maintains a defined-benefit pension plan for its employees . At each balance sheet date , Yeager should report a minimum liability at least equal to the
A . unfunded accumulated benefit obligation . B . projected benefit obligation .