Question
When a defined benefit pension plan is amended, the expense and related liability for the prior service costs should be fully reported in the year
When a defined benefit pension plan is amended, the expense and related liability for the prior service costs should be fully reported in the year in which the amendment was adopted.
a. TRUE
b. FALSE
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Accounting Texts and Cases
Authors: Robert Anthony, David Hawkins, Kenneth Merchant
13th edition
1259097129, 978-0073379593, 007337959X, 978-1259097126
