Which of the Following Is Not a Component of Pension

question 61

Multiple Choice

Which of the following is not a component of pension expense to be reported on a company's income statement?

• A) interest cost
• B) unrecognized past service cost
• C) service cost
• D) expected return on plan assets

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Definitions:

Sales Forecast

An estimate of the future sales volume over a specific period, based on market research and sales trends.

Production Levels

The quantity of goods or services produced by a company during a specific period, influenced by demand, capacity, and resource availability.

Responsibility Centre

A unit within an organization under the management's control, accountable for specific activities and associated costs, revenues, or investments.

Investment Centre

A business unit or segment which is responsible for its own revenues, expenses, and assets, and whose performance is measured by its return on investment.