Which of the Following Methods for the Recognition of Actuarial

question 10

Multiple Choice

Which of the following methods for the recognition of actuarial gains and losses are acceptable under AASB 119?
I.Immediate recognition of all actuarial gains or losses through profit or loss
ii) Recognition of all actuarialgains or losses outside profitor loss
iii) The corridorapproach

• A) i
• B) i and ii
• C) ii and iii
• D) i, ii and iii

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Definitions:

Centimeters

A unit of length in the metric system equal to one hundredth of a meter.

Inches

A unit of length in the Imperial and US customary systems, equal to 1/12 of a foot.

Meters

A metric unit of length equal to 100 centimeters.

Fencing

The sport of fighting with swords (epee, foil, or sabre) or the practice of enclosing an area with a barrier for protection or privacy.