Quiz 17.101 – Factors that Increase Net Pension Liability
Intermediate Accounting
Spiceland, Nelson, and Thomas
10th Edition
Which of the following increases the net pension liability (PBO minus plan assets)?
Which of the following increases the net pension liability (PBO minus plan assets)?
Which of the following decreases the net pension liability (PBO minus plan assets)?
According to generally accepted accounting principles, what basis of accounting must be used for accounting for postretirement benefits other than pensions?
What is the typical basis for determining eligibility for postretirement health care benefits?
Where are the eligibility requirements and nature of benefits for postretirement health care plans typically specified?
Which of the following is not an assumption needed to estimate postretirement health care benefits?
Most postretirement benefit plans are unfunded, and as a result, there is almost always a balance sheet liability associated with these plans.
Accounting for postretirement health care benefits is similar to accounting for what other item?
Which assumption is necessary to estimate both postretirement health care benefits and pension benefits?
What is the basis for calculating service cost for retiree health care plans?