There are three methods or approaches firms can use to, Accounting Basics

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There are three methods or approaches firms can use to

Question: There are three methods or approaches firms can use to calculate their Pension Benefit Obligations (Liability). Which of the three methods is most preferable according to the FASB, explain how that method for calculating the liability is calculated, and why is this method deemed to be the most preferable of the three methods according to the FASB?

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