All of the Following Are Relevant Policy Disclosures Suggested by the AcSB

question 57

Multiple Choice

All of the following are relevant policy disclosures suggested by the AcSB except:

• A)actual return on plan assets during the year.
• B)the risk profile of the employee group.
• C)description of how expected return on pension plan assets is calculated.
• D)a reconciliation of pension plan assets from the beginning to the end of the year.
• E)principle actuarial assumptions.

---

Definitions:

Job-Order Costing System

A cost accounting system in which costs are assigned to specific jobs or orders, used in industries where goods or services are produced to order.

Machine-Hours

A measure of production time which quantifies the number of hours a machine is in operation.

Overhead Applied

The portion of overhead costs that are allocated to products or cost objects based on a predetermined overhead rate.

Customizing Department

A segment within a manufacturing or service company dedicated to modifying products or services to meet specific customer requests or needs.