USGAAP Requires Some Firms to Periodically Recategorize a Portion of Actuarial

question 44

True/False

U.S.GAAP requires some firms to periodically recategorize a portion of actuarial adjustment losses relating to pensions into periodic net income.

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Definitions:

Passage of Time

The progression or flow of time characterized by changes and events.

Backward Chaining

A method for teaching a stimulus–response chain. When backward chaining is used, the reinforcing power of the positive reinforcer (presented at the end of the chain) is transferred “down the line” to each discriminative stimulus as it is added to the chain. This makes for very efficient use of positive reinforcement to establish a strong chain.

Terminal Response

This is the final action or series of actions that occurs at the end of a behavioral chain, often considered the goal behavior in training or therapy.

Conditioned

In psychology, refers to behavior that is developed or learned in response to specific environmental stimuli.