Portfolio Management and Wealth Planning【Reading 17】
Which of the following statements regarding a funding shortfall is most accurate? A funding shortfall is when the: A)
| market value of pension assets is less than the market value of pension liabilities. |
| B)
| present value of pension assets is less than the present value of pension liabilities. |
| C)
| pension assets on the balance sheet are less than the pension liabilities on the balance sheet. |
|
Funding shortfall means the market value of pension assets is less than the market value of pension liabilities. |