Use the Following Information for Questions 56-57

question 36

Multiple Choice

Use the following information for questions 56-57.
Presented below is information related to Kiwi Ltd. for calendar 2020. The corporation uses IFRS.
-The pension expense to be reported for 2020 is

• A) $ 140,000.
• B) $ 109,700.
• C) $ 108,800.
• D) $ 60,000.

---

Definitions:

Trade

Trade involves the exchange of goods or services between parties, which can be international (between countries) or domestic (within a country).

Termination

The involuntary dismissal of an employee.

Human Capital

The collective skills, knowledge, and expertise that employees bring to their workplace, contributing to its value and performance.

Economic Value

The worth of a good or service determined by the benefits it provides weighed against its cost.