One component of pension expense is actual return on plan assets. Plan assets include
1. assets that a company holds to earn a reasonable return, generally at minimum risk.
2. plan assets still under the control of the company.
3. only assets reported on the balance sheet of the employer as prepaid pension cost.
4. none of these answers are correct.

The a/p clerk of a company writes the checks for vendors, and the controller signs the checks. the a/p clerk hasdevised a plan to give herself a raise. she creates a new vendor for her friend's business and creates two purchaseorders for random car detailing services for $75 and $70. she writes the checks to pay these new vendors knowing thecontroller will only pay close attention to checks over $100. she delivers the checks to her friend to deposit in his bankaccount, and then he writes her a personal check for the full amount of $145.ceventually, what will be the effect of her actions? what can the company do to prevent this type of behavior? due mondav