Who be included in determining total compensation and why

Assignment Help Accounting Basics

Reference no: EM132779455

Problem 1: In share-based compensation, who shall be included in determining total compensation expense?

a. employees who left the company during the period

b. Employees who will leave the company for the succeeding years

c. Employees who already retired during the period of computation

d. Employees who are hired during the period of computation

e. answer not given

Problem 2: Which statement is correct?

A. Defined contribution plan is a benefit plan in which an entity pays a fixed contribution into a separate fund and will have no legal or constructive obligation to pay further contribution if the fund becomes insufficient to pay employee benefits.

B. Actuarial assumptions are the entity's best estimates of the variables that will determine the ultimate cost of providing postemployment benefits.

C. In a defined benefit plan, if the fair value of plan assets is more than the projected benefit obligation, the plan is overfunded and there is prepaid benefit cost.

D. A and B

E. A, B and C

Reference no: EM132779455

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