Knowledge Check 01 Which of the following statements about the reporting of pension expense are true? (Select all that apply.) Check All That Apply The reporting of pension costs in the income statement under IFRS is simior to that under US GAAP Under IFRS, remeaturement 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, tots pension expense is reported as a line nem in the income statement Knowledge Check 01 Which of the following statements about the reporting of pension costs under IFRS are true? (Select all that apply.) Check All That Apply Service cost includes current service costs and past service costs any Service cost includes current service costs, post service costs of any and the net interest cost Service cont includes current service costs, post service costs of 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 differ plon assets Knowledge Check 01 Which of the following statements about accounting for games and losses in defined beans are true? Select all the apply) Chew All That Awy Rures the use ofre for high grade Corporate bonds to determine the rest out on the defined benen ondern and expected venue on the plan IFRS requires the use of rate for high grade com bonde determine both the interest to the defedetton and the meest revenue on the The gain or lose on planets under US GAAP terence between the stud and expected returns on plans Theremesurement on for los under FRS usually is the same as the gen forson plans under GAAR 5 6 Next >