Which of the Following Statements Is Correct

question 4

Multiple Choice

Which of the following statements is correct?

• A) Minimum (corridor)amortization of net unrecognized gain or loss is not allowed for postretirement benefit plans.
• B) Immediate recognition of gains and losses is allowed for postretirement benefit plans but not for pension plans.
• C) Immediate recognition of gains and losses is allowed for pension plans but not for postretirement benefit plans.
• D) Minimum (corridor)amortization of net unrecognized gain or loss is the only amortization method allowed for postretirement benefit plans.

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Definitions:

Manufacturer-Sponsored Retail Franchise System

A retail model where manufacturers support and brand franchise stores, allowing them to sell their products exclusively.

Service-Sponsored Retail Franchise System

A franchising partnership where the franchisee offers services guided and branded by the franchisor, typically seen in sectors like hotels, car rentals, and fast food.

Administered Vertical Marketing System

A coordinated marketing strategy where a single member of the supply chain manages the promotion and distribution of products, without formal agreement.

Selective Distribution

A level of distribution density whereby a firm selects a few retailers in a specific geographic area to carry its products.