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When a company amends a pension plan, for accounting purposes, prior service costs should be A amortized in accordance with procedures used for income tax

When a company amends a pension plan, for accounting purposes, prior service costs should be

A

amortized in accordance with procedures used for income tax purposes.

B

treated as a prior period adjustment because no future periods are benefited.

C

recorded in other comprehensive income (PSC).

D

reported as an expense in the period the plan is amended.

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