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FAS 106 Does Not Do Which of the Following? (Retiree

Question 64

Multiple Choice

FAS 106 does not do which of the following? (Retiree Health-Care Benefits)


A) requires that companies disclose substantial information about the economic value and costs of retiree health-care plans.
B) Reduces the amount of net profit companies list on balance sheets
C) Benefits such as health care coverage establish an exchange between the employer and employee
D) Post-retirement benefits are part of employee's compensation package
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