subject
Business, 04.04.2020 13:57 simionriley4191

One component of the pension liability under both U. S. GAAP and IFRS is prior service cost (or past service cost under IFRS). ABC Company is trying to calculate the effect of PSC on their financial statements under both standards. Which of the following statements is true related to this analysis?

ansver
Answers: 2

Another question on Business

question
Business, 21.06.2019 23:30
Which alternative accounting method allows farmers to record expenses and incomes in the year in which they sell their yield? gaap allows for the method, which permits farmers to subtract the expenses of producing the crop in the year in which they sell the yield and earn the revenue.
Answers: 3
question
Business, 22.06.2019 02:30
rural residential development company and suburban real estate corporation form a joint stock company. the longest duration a joint stock company can be formed for is
Answers: 2
question
Business, 22.06.2019 11:10
Suppose that the firm cherryblossom has an orchard they are willing to sell today. the net annual returns to the orchard are expected to be $50,000 per year for the next 20 years. at the end of 20 years, it is expected the land will sell for $30,000. calculate the market value of the orchard if the market rate of return on comparable investments is 16%.
Answers: 1
question
Business, 22.06.2019 11:30
Buyer henry is going to accept seller shannon's $282,500 counteroffer. when will this counteroffer become a contract. a. counteroffers cannot become contracts b. when henry gives shannon notice of the acceptance c. when henry signs the counteroffer d. when shannon first made the counteroffer
Answers: 3
You know the right answer?
One component of the pension liability under both U. S. GAAP and IFRS is prior service cost (or past...
Questions
question
Mathematics, 31.08.2019 04:30
question
Mathematics, 31.08.2019 04:30
question
Mathematics, 31.08.2019 04:30
question
Mathematics, 31.08.2019 04:30
question
Mathematics, 31.08.2019 04:30