Benefit Improvements Give Rise To

question 74

Multiple Choice

Benefit improvements give rise to:

• A)prior service costs.
• B)past service costs.
• C)actuarial service costs.
• D)benefit improvement costs.

---

Definitions:

Triad

A group or set of three related people or things, often used in the context of relationships and social dynamics.

Sentiment Relation

The connection or association between emotions and attitudes towards a particular object, event, or situation, affecting perception and decisions.

Unit Relation

The connection or association between different units or elements within a system or structure.

Balance Theory

A psychological theory suggesting that individuals strive for internal consistency among their beliefs, attitudes, and perceptions, especially in the context of interpersonal relationships.