Which of the Following Is Not a Component of Pension

question 61

Multiple Choice

Which of the following is not a component of pension expense to be reported on a company's income statement?

• A) interest cost
• B) unrecognized past service cost
• C) service cost
• D) expected return on plan assets

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Definitions:

Globalization

The integration of economy, trade, and finance on an international scale.

Self-Managing Team

a group of workers who are given the autonomy to manage themselves and make decisions within their areas of operation without traditional management.

Decisions

The act or process of making choices or selecting an option or direction from a set of alternatives, often involving a degree of judgment or assessment.

Management

The process of dealing with or controlling things or people, involving planning, organization, leadership, and supervision to achieve organizational goals.