Question

The defined benefit obligation is always decreased:_______

benefits paid to retirees and interest costs.
past service costs and interest costs.
benefits paid to retirees.

Answer 1

The defined benefit obligation is always decreased by benefits paid to retirees and interest costs. Past service costs and interest costs increase the defined benefit obligation.

Step-by-step explanation:

The defined benefit obligation is always decreased by benefits paid to retirees and interest costs.

Past service costs and interest costs increase the defined benefit obligation.