Question
Explain why the FASB decided to use the corridor approach in recording gains and losses from return on the plan assets rather than utilize fluctuations
Explain why the FASB decided to use the corridor approach in recording gains and losses from return on the plan assets rather than utilize fluctuations in actual return on plan assets in the calculation of pension expense.
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Financial Reporting And Analysis
Authors: Lawrence Revsine, Daniel Collins, Bruce Johnson, Fred Mittelstaedt, Leonard Soffer
8th Edition
1260247848, 978-1260247848
