An employers estimated cost for post-retirement benefits for its employees should be A. Recognized as an expense

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An employer’s estimated cost for post-retirement benefits for its employees should be

A. Recognized as an expense when paid.

B. Recognized as an expense during the employees’ work years.

C. Recognized as an expense during the employees’ retirement years.

D. Charged to the goodwill account because providing employees with benefits generates employee goodwill.

Related Book For answer-question

Intermediate accounting

ISBN: 978-0077647094

7th edition

Authors: J. David Spiceland, James Sepe, Mark Nelson

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Posted Date: Jun 06, 2022 09:16 AM

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An employers estimated cost for post-retirement benefits for its employees should be A. Recognized as an expense

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B recognized as an expense during the employees work years Businesses and other organizations freque... View the full answer

Intermediate accounting

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