A major difference between accounting for postretirment

Assignment Help Accounting Basics
Reference no: EM13605687

A major difference between accounting for postretirment benefit plans and pension plans is that:

a. postretirment benefit plans are not required to be funded
b. postretirment benefit plans do not need to show a liability for accumulated postretirement beenfit obligation on the plan sponsors balance sheet
c. postretirment benefit plans do not deduct the return of plan assets when funded
d. there is no accumulated postretirement benefit obligation

Reference no: EM13605687

Questions Cloud

A spherical water drop 160 m in diameter is suspended in : a spherical water drop 1.60 ?m in diameter is suspended in calm air owing to a downward-directed atmospheric electric
Your audit of garza company you find that a physical : your audit of garza company you find that a physical inventory on december 31 2012 showed merchandise with a cost of
1 a revenue variance is favorable if the revenue in the : 1. a revenue variance is favorable if the revenue in the static planning budget exceeds the revenue in the flexible
What gauge pressure must a pump produce to pump water from : what gauge pressure must a pump produce to pump water from the bottom of the grand canyon elevation 730m to indian
A major difference between accounting for postretirment : a major difference between accounting for postretirment benefit plans and pension plans is thata. postretirment benefit
Find1 the work performed by the gas b the increase in the : an isobaric heating process raises the temparature of one of one mole of an ideal gas by delta t 100 k. the heat
Furniture inc specializes in the production of futons it : furniture inc specializes in the production of futons. it uses standard costing and flexible budgets to account for the
The asset and liabilities of the pension plan istself are : the asset and liabilities of the pension plan istself are included in the financial statements of the plana.
Find the gauge pressure at a second point in the line if : at a certain point in a horizontal pipeline the waters speed is 3.50ms and the gauge pressure is 1.80times104 pa .part

Reviews

Write a Review

Accounting Basics Questions & Answers

  What are some business decisions that managers could make

what are some business decisions that managers could make? what tools will they use to make recommendations regarding

  Prepare an income statement for the year

Salaries and Wages Expense $14,000; Insurance Expense $1,800; Rent Expense $3,900; Supplies Expense $1,500; and Depreciation Expense $1,000. Prepare an income statement for the year.

  Obsolescence is an example of which cost category

Obsolescence is an example of which cost category?

  Preparing the journal entries problem

please these one cant figure out how to prepare journal entries for these please help me.

  Schedule of interest revenue and bond discount amortization

Prepare a 3-year schedule of interest revenue and bond discount amortization, applying the effective- interest method. Prepare the journal entry for the interest receipt of December 31, 2011, and the discount amorti- zation under the straight-line..

  If the company meets its target net income number by what

lopez corporation has collected the following information after its first year of sales. net sales were 1600000 on

  Efficient use of organisational operational precedures

Briefly describe the two types of strategies that companies may choose to persue. how can the efficient use of organisational operational precedures promote the effective implementation of company strategy?

  Cost of goods manufactured equals 44000 for 2008 finished

cost of goods manufactured equals 44000 for 2008. finished goods inventory is 2000 at the beginning of the year and

  Total bond interest expense over the bond

Compute the total bond interest expense over the bonds' life. Prepare the journal entries to record the first two interest payments.

  What are the revenues

Income from operations for Division B is $165,300, total service department charges are $399,200 and operating expenses are $2,626,000. What are the revenues for Division B?

  What is flora and earl investment income

The loan to Earl's niece was at a market interest rate. Flora and Earl also received a $100 check for opening up a new brokerage account to buy the Cargill stock. What is Flora and Earl's investment income?

  Fom the following statement complete bank reconciliation

from the following statement please 1 complete bank reconciliation for jimmys deli found on the reverse of the bank

Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd