1, Which of the following statements about the reporting of pension expense are true? (Select all that apply.)

• The reporting of pension costs in the income statement under IFRS is similar to that under U.S. GAAP.

• Under IFRS, remeasurement gains and losses are reported as other comprehensive income.

• Under IFRS, the service cost component (including past service cost) and the net interest cost/income component are separately reported in the income statement.

• Under IFRS, total pension expense is reported as a line item in the income statement.

2, Which of the following statements about the reporting of pension costs under IFRS are true? (Select all that apply.)

• Service cost includes current service costs and past service costs (if any).

• Service cost includes current service costs, past service costs (if any), and the net interest cost.

• Service cost includes current service costs, past service costs (if any), net interest cost, and any remeasurement cost.

• Remeasurement cost includes remeasurements of service costs caused by changes in assumptions, gains and losses arising from experience differing from what was assumed, and investment gains and losses on plan assets.