In an employer-sponsored defined benefit pension plan, the interest cost included in the pension expense represents:
In an employer-sponsored defined benefit pension plan, the interest cost included in
the pension expense represents:
(A) The effective discount rate times the unamortized balance of prior service costs.
(B) The increase in the projected benefit obligation due to the passage of time.
(C) The increase in the fair value of plan assets due to the passage of time.
(D) The difference between the actual and expected returns on plan assets.