Which of the Following Component Refers to the Services Provided

question 62

Multiple Choice

Which of the following component refers to the services provided by the employees in the current period in a defined benefit plan?

• A)Current service cost.
• B)Interest cost on pension obligations.
• C)Income from plan assets.
• D)Amortization of actuarial gains and losses.

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Definitions:

Products

Goods or services offered by a business or manufacturer, created to fulfill the needs and desires of consumers.

Objectives

Targets or goals that an individual, group, or organization aims to achieve.

Employee Motivation

The level of commitment, drive, and energy that a company's workers bring to their jobs in order to contribute to the organization's success.

Employee Stock Ownership Plan

A program that gives employees the opportunity to buy shares in the company they work for, often at a discounted price.