Which of the Following Is Not True About Post-Retirement Benefits

question 18

Multiple Choice

Which of the following is not true about post-retirement benefits?

• A)Post-retirement costs should be recognized as expense as the workers earn the right to receive the benefits.
• B)Most corporations have fully funded their post-retirement benefits.
• C)Unfunded post-retirement costs are a non-cash expense.
• D)A corporation's liability for post-retirement benefits is equal to the present value of estimated future payments.

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Definitions:

Standard Deviation

A statistical measure of the dispersion or variability within a data set, indicating how spread out the numbers are from the mean.

Variability

The extent to which data points in a statistical distribution or dataset differ from each other and from the mean.

Standard Deviation

A statistic that measures the dispersion or variation of a set of values from their mean.

Average

A statistical measure representing the central or typical value in a set of data, calculated by dividing the sum of all values by the number of values.