Benefit Plan-BPP Revision Kit Q4 (b)

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June 21, 2018 at 7:44 am #459555
zhangcc
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BPP Revision Kit Q4 (b):
Answer mention that the net settlement value in 20X9 is a gain using
PV of obligation settled – FV of Plan asset transfer – cash transferred on settlement

My Question is why the answer indicates it as a gain but not a loss (as what we owe is more than what we own so I think it as a loss)
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