Answer Happy

(1). Companies with defined benefit
pension plans must recognize pension expense each period. What are
the five components of pension expense? Briefly describe each
component.
(2). How does each component of
pension expense effect pension expense during the period (increase,
decrease, or uncertain)?
(3). What is the difference between
the accumulated pension obligation and the projected pension
obligation?
(4). What determines whether a pension
plan is underfunded or overfunded? (CH9)