NO.PZ2019100901000005
问题如下：
William Azarov is a portfolio manager for Westcome Investments, an asset management firm. Azarov is preparing for meetings with two of Westcome’s clients and obtains the help of Jason Boulder, a junior analyst. The first meeting is with Maglav Inc., a rapidly growing US-based technology firm with a young workforce and high employee turnover. Azarov directs Boulder to review the details of Maglav’s defined benefit (DB) pension plan. The plan is overfunded and has assets under management of $25 million.
In the meeting with Maglav, Azarov describes the investment approach used by Westcome in managing the pension plan. The approach is characterized by a high allocation to alternative investments, significant active management, and a reliance on outsourcing assets to other external asset managers. Azarov also explains that Maglav’s operating results have a low correlation with pension asset returns and that the investment strategy is affected by the fact that the pension fund assets are a small portion of Maglav’s market capitalization. Azarov states that the plan is subject to the Employee Retirement Income Security Act of 1974 (ERISA) and follows generally accepted accounting principles, including Accounting Standards Codification (ASC) 715, Compensation—Retirement Benefits.
Based on Azarov’s statement concerning ERISA and ASC 715, which of the following statements is correct?
选项：
A.Maglav is not allowed to terminate the plan.
B.Maglav can exclude the plan’s service costs from net income.
C.Maglav’s plan must appear as an asset on Maglav’s balance sheet.
解释：
C is correct.
ASC 715, Compensation—Retirement Benefits requires that an overfunded (underfunded) plan appear as an asset (liability) on the balance sheet of the corporate sponsor. Maglav’s plan is overfunded, so it appears as an asset on Maglav’s balance sheet.
不是说如果是overfunded 表达在资产负债表中为net asset 吗？ 为啥这句话中没有体现net的概念
