The relationship between the amount funded and the amount reported for pension expense is as follows:
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The relationship between the amount funded and the amount reported for pension expense is as follows:
a. pension expense must equal the amount funded.
b. pension expense will be less than the amount funded.
c. pension expense will be more than the amount funded.
d. pension expense may be greater than, equal to, or less than the amount funded.
Answer: pension expense may be greater than, equal to, or less than the amount funded.
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