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Describe the conditions when contract assets

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Reference no: EM131772845

1. Describe the conditions when contract assets and liabilities are recognized and presented in financial statements?

2. explain the reporting for
a. Costs to fulfil a contract
b. Collectability

What is an accumulated benefit obligation?

What is defined benefit postretirement plan?

What is the definition of "actuarial present value"?

What is prior service cost?

Reference no: EM131772845

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