A difference between IFRS and ASPE's recognition of the defined benefit cost components is 1) gains and losses from remeasurement of the net defined benefit liability or asset are reported in Net Income under ASPE. 2) gains and losses from remeasurement of the net defined benefit liability or asset are reported in Net Income under IFRS. 3) ASPE can use the defer and amortize approach. 4) IFRS can use the defer and amortize approach. 5) gains and losses from remeasurement of the net defined benefit liability or asset are reported in Other Comprehensive Income under ASPE