What significant improvement in the financial reporting of pensions have pension accounting rules provided?
A) determination of the expense for the income statement
B) limited balance sheet recognition of pension liabilities
C) improved disclosure
D) determination of the expense for the income statement and limited balance sheet recognition of pension liabilities
E) determination of the expense for the income statement, limited balance sheet recognition of pension liabilities, and improved disclosure

Question

Quizplus · Accepted Answer

Pension accounting rules have improved financial reporting by determining the expense for the income statement, providing limited balance sheet recognition of pension liabilities, and enhancing disclosure.

What Significant Improvement in the Financial Reporting of Pensions Have