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PLEASE HELP ME ASAP I NEED YOUR HELP 1. The vested benefit of an employee in a pension plan represents benefits: Multiple Choice to be
PLEASE HELP ME ASAP I NEED YOUR HELP
1.
The vested benefit of an employee in a pension plan represents benefits:
Multiple Choice
-
to be paid to the retiring employee in the next year.
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accumulated in the pension plan (at fair value).
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to be paid to the retired employee in the current year.
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that are not contingent on the employee continuing in the service of the employer.
2.
A change in an amortization rate, such as on a copyright, should be accounted for:
Top of Form
Multiple Choice
- Currently.
- By recording an amount in retained earnings only.
- Retrospectively.
- Prospectively.
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