Which of the following describes the change in the net defined benefit liability (asset) during the period due to passage of time?

Posted by: Pdfprep Category: T7 Tags: , ,

Which of the following describes the change in the net defined benefit liability (asset) during the period due to passage of time?
A . Past service cost
B . Current service cost
C . Net interest on the net defined benefit liability (asset)
D . Time value of money

Answer: C

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