Amortizing a Net Gain for Pensions and Other Postretirement Benefit

question 40

Multiple Choice

Amortizing a net gain for pensions and other postretirement benefit plans will:

• A) Increase retained earnings and increase accumulated other comprehensive income.
• B) Decrease retained earnings and decrease accumulated other comprehensive income.
• C) Increase retained earnings and decrease accumulated other comprehensive income.
• D) Decrease retained earnings and increase accumulated other comprehensive income.

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Definitions:

Multiethnic

Referring to a society, group, or area that comprises individuals from multiple ethnic backgrounds, cultures, and heritages.

Kapauku

Refers to an indigenous people of Papua, Indonesia, known for their unique social structures and economic practices.

Compensate

To compensate means to make amends for something lost or damaged, or to provide a person with something in exchange for an effort, loss, or inconvenience they have experienced.

Culture

The shared customs, arts, social institutions, and achievements of a particular nation, people, or other social group.