Question: The GASB requires that the difference between actual and expected earnings on plan investments be charged immediately to a revenue or expense account as appropriate.
The GASB requires that the difference between actual and expected earnings on plan investments be
charged immediately to a revenue or expense account as appropriate.
charged immediately to an asset or liability account as appropriate.
amortized over a period of five years.
amortized over the average remaining service lives of plan participants.
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