Question
When employers retroactively amend pension plans to increase benefits to participants, which one of the following is created? Multiple Choice Cumulative obligation gain or loss
When employers retroactively amend pension plans to increase benefits to participants, which one of the following is created?
Multiple Choice
- Cumulative obligation gain or loss
- Prior service cost
- Transition asset
- Transition liability
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Accounting Volume 2
Authors: James Reeve, Jonathan Duchac, Sheila Elworthy, Carl S. Warren
2nd Canadian edition
176501452, 978-0176501457, 978-0176509743
