In All Pension Plans, the Accounting Include All the Following

question 118

Multiple Choice

In all pension plans, the accounting include all the following except

• A) measuring the amount of pension obligation.
• B) disclosing the status and effects of the plan in the financial statements.
• C) allocating the cost of the plan to the proper periods.
• D) determining the level of individual premiums.

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Definitions:

Exceptions

Conditions or cases that do not follow the general rule or definition.

Mathematical Principles

Fundamental truths or propositions that form the basis for a system of mathematics.

True

In accordance with fact or reality, not false.

Proposition

A contention that represents a judgment or point of view.