The following are key terms in Chapter 8 that relate to accounting for pension plans.

The following are key terms in Chapter 8 that relate to accounting for pension plans.

The following are key terms in Chapter 8 that relate to accounting for pension plans.

A. Actuarial accrued liability
B. Actuarial present value of total projected benefits
C. Actuarial value of assets
D. Annual required contributions
E. Net pension obligation
F. Normal cost
G. Unfunded actuarial liability

For each of the following definitions, indicate the key term from the list above that best matches by placing the appropriate letter in the blank space next to the definition.

   
1. E, 2. A, 3. F, 4. C, 5. D