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Entity a Contributes to a Defined Benefit Superannuation Plan for Its

Question 26

Multiple Choice

Entity A contributes to a defined benefit superannuation plan for its employees.It calculates the following:
 Present value of the obligation 25569 Fair value of plan assets 25500‾69‾\begin{array} { | l | r | } \hline \text { Present value of the obligation } & 25569 \\\hline \text { Fair value of plan assets } & \underline { 25500 } \\\hline & \underline { 69 } \\\hline\end{array}
The 69 represents:


A) the expense to be recognised in the statement of comprehensive income.
B) the asset to be recognised in the statement of financial position.
C) the liability to be recognised in the statement of financial position.
D) the revenue to be recognised in the statement of comprehensive income.

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