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    Financial Accounting
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    Exam 10: Reporting and Analyzing Leases, Pensions, and Income Taxes
  5. Question
    The Increase in Pension Obligation Due to an Employee Working
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The Increase in Pension Obligation Due to an Employee Working

Question 32

Question 32

True/False

The increase in pension obligation due to an employee working an additional year for the employer will cause the net pension liability on the balance sheet to increase but have no direct effect on the income statement.

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