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Question 6 When a company amends a pension plan, for accounting purposes, prior service costs should be O treated as a prior period adjustment because

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Question 6 When a company amends a pension plan, for accounting purposes, prior service costs should be O treated as a prior period adjustment because no future periods are beneted. reported as an expense in the period the plan is amended. o recorded in other comprehensive income (PSC) O amortized in accordance with procedures used for income tax purposes

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