The PBO is increased by:
A. An increase in the average life expectancy of employees.
B. Amortization of prior service cost.
C. An increase in the actuary's assumed discount rate.
D. A return on plan assets that is lower than expected.
Answer:A
The PBO is increased by:
A. An increase in the average life expectancy of employees. B. Amortization of prior service cost. C. An increase in the actuary's assumed discount rate. D. A return on plan assets that is lower than expected.