Question: Now let's have a close look over the three most important components of the pension expense. The treatment of expected and actual return on plan
Now let's have a close look over the three most important components of the pension expense. The treatment of expected and actual return on plan assets, particularly when the actual return is greater than the expected, the amortization of prior service cost and the unexpected gain/ loss. Discuss the accounting treatment of these items with suitable examples.
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