OPEB are accounted for in the same way as pensions; that is, the expense is incurred [in

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OPEB are accounted for in the same way as pensions; that is, the expense is incurred [in the years in which the employee earns the right to them / when the benefits are paid]. The liability is incurred [in the years in which the employee earns the right to them / when the benefits are paid]. When the benefit is paid, there [is / is not] an expense.

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Essentials Of Accounting

ISBN: 9780273771463

11th International Edition

Authors: Leslie K. Breitner

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