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When a company increases their estimates of how long retirees will live beyond retirement for their defined benefit plan, for accounting purposes, the firm
When a company increases their estimates of how long retirees will live beyond retirement for their defined benefit plan, for accounting purposes, the firm should: Amortize the cost in accordance with procedures used for income tax purposes O Record the additional cost in other comprehensive income None of the given answers Treat the cost as arorior period adjustment Report the cost as an expense in the period the estimate is changed
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