Examlex
Which of the following statements is false?
Employer's Contribution
A payment made by an employer into a fund, pension plan, or insurance for the benefit of the employee.
Pension Expense
The annual cost recognized by an employer for its pension plan, which includes service costs, interest costs, expected returns on plan assets, and gains or losses.
Mortality Rate
Mortality rate, often expressed per thousand or per hundred thousand, refers to the frequency of deaths in a given population during a specific period of time.
Unrecognized Net Gain Or Loss
Refers to gains or losses that have been incurred but are not reported in the financial statements because they are unrealized.
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