Which of the Following Is/are Not True

question 63

Multiple Choice

Which of the following is/are not true?

• A)U.S.GAAP and IFRS require firms to recognize the cost of retirement benefits (pensions, health care, life insurance) as an expense while employees work, not when they receive payments or other benefits during retirement.
• B)Employers often contribute cash to a trust, an entity legally separate from the employer, to fund their retirement obligations.
• C)The accounting records of the trust established to fund the retirement obligations are separate from the accounting records of the employer, and the amounts on the two sets of books usually differ.
• D)Payments to employees come from both the employer's contributions and investment returns of the firm's long term investment assets established to fund the retirement obligations.
• E)all of the above

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Definitions:

Task Demands

The aspects of a job or task that require mental or physical effort, setting the baseline for what is expected in performance.

Physical Demands

The requirements for physical effort and stamina that a job entails.

Downsizing

The reduction of an organization's workforce to improve efficiency, performance, or competitiveness, often involving layoffs.

Institutional Programs

Programs developed and implemented by organizations or institutions, often aimed at achieving certain goals or standards.