Pension expense is

Name: Pension expense is
Brand: Quizplus
Rating: 5.0 (50 reviews)

Question

Pension expense is

Quizplus · Accepted Answer

Pension expense is typically accrued as employees earn their rights to future benefits, rather than at the time of payment. This is typically done on a systematic and rational basis, such as straight-line amortization over the employee's expected remaining service period. This method ensures that the expense is recognized in a way that matches the cost of the pension benefits with the amount of time that the employee works to earn them.

Pension Expense Is