新用戶掃碼下載
掃碼下載APP
及時(shí)接收最新考試資訊及
備考信息
2016年美國(guó)CPA練習(xí)題精選：Financial 29
An entity sponsors a defined benefit pension plan that is underfunded by $800,000. A $500,000 increase in the fair value of plan assets would have which of the following effects on the financial statements of the entity?
a. A decrease in accumulated other comprehensive income of the entity for the full amount of the increase in the value of the assets.
b. An increase in the assets of the entity.
c. An increase in accumulated other comprehensive income of the entity for the full amount of the increase in the value of the assets.
d. A decrease in the liabilities of the entity.
答案：D
Explanation
Choice "d" is correct. The funded status of a pension plan is equivalent to the fair value of plan assets less the projected benefit obligation. For this plan, the projected benefit obligation exceeds the fair value of plan assets by $800,000 and therefore is reported as a liability. An increase of $500,000 will still leave the plan underfunded by $300,000, which means the increase will only help to decrease the liability.
Choice "b" is incorrect. The plan is on the books as a liability, and a $500,000 increase is not enough to make it an asset.
Choices "c" and "a" are incorrect. Accumulated other comprehensive income is not increased or decreased by the full increase in the fair value of plan assets during the period.
【我要糾錯(cuò)】 責(zé)任編輯：小明
推薦閱讀
相關(guān)資訊
章小炎主講：《財(cái)務(wù)會(huì)計(jì)與報(bào)告》免費(fèi)聽(tīng)
李向祎主講：《審計(jì)與鑒證》免費(fèi)聽(tīng)
限時(shí)免費(fèi)資料
-
思維導(dǎo)圖
-
學(xué)習(xí)計(jì)劃
-
科目特點(diǎn)
-
報(bào)考指南
-
歷年樣卷
-
財(cái)會(huì)英語(yǔ)
新用戶掃碼下載
京公網(wǎng)安備 11010802044457號(hào)