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How the change should be reported

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Reference no: EM132816653

Problem 1: If actuarial assumptions change such that the annuity payable is actually less than originally recorded, the change should be reported

A IMMEDIATELY as a reduction in the annuity payable
B immediately as a expense
C AS A expense at the time the annuity obligations are fullfilled
D As a reduction of annuity payable at the time the annuity obligations are fulfilled

Reference no: EM132816653

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