Solved: What kind of pension plan does pampg provide its employees, Accounting Basics

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What kind of pension plan does pampg provide its employees

The Procter & Gamble Company (P&G) The financial statements of P&G are presented in Appendix 5B or can be accessed at the book's companion website, www.wiley.com/college/kieso.

Instructions

Refer to P&G's financial statements and the accompanying notes to answer the following questions.

(a) What kind of pension plan does P&G provide its employees in the United States?

(b) What was P&G's pension expense for 2009, 2008, and 2007 for the United States?

(d) What information does P&G provide on the target allocation of its pension assets? (Compare the asset allocation for ?oPensions and Other Retiree Benefits.??) How do the allocations relate to the expected returns on these assets?

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Accounting Basics: What kind of pension plan does pampg provide its employees

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