Solved: Is it fraud to adjust the life expectancy of worker several, Accounting Basics

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Is it fraud to adjust the life expectancy of worker several

What is the problem with this scenario case?

In 2016, the CFO adjusted several estimates inherent in the defined-benefit pension liability, including increasing the estimated the number of year's employees will live after retirement. In addition, a concern exists that the annual pension expense is not the same as the annual pension funding contribution.

Is it fraud to adjust the life expectancy of worker several times?

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Accounting Basics: Is it fraud to adjust the life expectancy of worker several

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Accounting Basics: Is it fraud to adjust the life expectancy of worker several

Reference No:- TGS02541823

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