What Is True About Actuarial Gains and Losses

question 24

Multiple Choice

What is true about actuarial gains and losses?

• A)These gains and losses are caused by actuarial miscalculations.
• B)IFRS requires actuarial gains and losses to be recorded through the income statement.
• C)IFRS requires actuarial gains and losses to be recorded through OCI without recycling through the income statement.
• D)IFRS requires actuarial gains and losses not to be reported as they will reverse themselves over such a long time horizon.

---

Definitions:

Behavioral Approach

A psychological perspective emphasizing the study of observable behaviors and the effects of learning on behavior.

Psychology

An exploration of the workings of the human mind and its capabilities, with a strong emphasis on how these affect actions in particular environments.

Congenital Skeletal Anomaly

A skeletal irregularity or deformity that is present at birth, resulting from genetic factors or prenatal influences.

Developmental Effects

Impacts on the growth and development of an organism, often as a result of environmental factors or genetic conditions.