Unrecognized Prior Service Cost Would Be Reported on the Balance

question 16

Multiple Choice

Unrecognized prior service cost would be reported on the balance sheet and affect the amount(s) reported for

• A)accrued/prepaid pension cost only
• B)accumulated other comprehensive income only
• C)both accrued/prepaid pension cost and accumulated other comprehensive income
• D)neither accrued/prepaid pension cost nor accumulated other comprehensive income

---

Definitions:

Homemade Dividend

A strategy whereby investors sell a portion of their portfolio to create cash flow, mimicking the effect of dividend payments.

Dividend Per Share

The amount of dividend that a company pays out for each share of its stock over a specified period.

Required Return

The minimum profit or yield that an investor expects or requires from an investment in order to make it worthy of undertaking.

Shareholders Of Record

Registered individuals or entities that own shares in a corporation as documented by the company, used to determine who is eligible to receive dividends or exercise voting rights.