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Why Does IAS 19 Require Recognizing Changes in the Fair

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Why does IAS 19 require Recognizing changes in the fair value of pension assets and liabilities to flow through OCI and not through the income statement?


Definitions:

Pebble Tools

One of the earliest forms of stone tools, shaped by chipping away pieces to create an edge, used by ancient human ancestors.

Cooking Food

The process of preparing food by combining, mixing, and heating ingredients, which can improve taste and make the food safer to eat.

Detoxifies

The process of removing toxic substances from a living organism, or converting them into less harmful compounds.

Neandertals

An extinct species or subspecies of archaic humans who lived in Eurasia until about 40,000 years ago, known for their robust build and association with certain cultural artefacts.

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