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Describe what factors contribute to the pension benefit obligation. Discuss the effect of the increase or...

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Accounting

Describe what factors contribute to the pension benefitobligation. Discuss the effect of the increase or decrease on thePBO. How is this change reported in the financial statements andwhat other accounts are affected? Provide an example from apublicly-traded company. Please respond to at least one additionalpost.

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A projected benefit obligation PBO is an actuarial measurement of what a company will need at the present time to cover future pension liabilities This measurement is used to determine how much must be paid into a defined benefit pension plan to satisfy all pension entitlements that have been earned by employees up to that date adjusted for expected future salary increases KEY TAKEAWAYS A projected benefit obligation PBO is an actuarial measurement of what a company will need at the present time to cover future pension liabilities Projected benefit obligation PBO assumes that the plan will not terminate in the foreseeable future and is adjusted to reflect expected compensation in the years ahead Actuaries are responsible for    See Answer
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