Companies often provide their employees with postemployment benefits other than pensions. These benefits may include health insurance,
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Explain how the accounting for these other postemployment benefits is similar or dissimilar to accounting for pensions.
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The accounting principles for OPEBs and those for pensions are very similar They both involve the concept of a liability because in both situations th...View the full answer
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Related Book For 
Intermediate Accounting
ISBN: 978-0324300987
10th Edition
Authors: Loren A Nikolai, D. Bazley and Jefferson P. Jones
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