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An Employer's Estimated Cost for Post-Retirement Benefits for Its Employees

Question 143

Multiple Choice

An employer's estimated cost for post-retirement benefits for its employees should be


A) recognized as an expense when paid.
B) recognized as an expense during the employees' work years.
C) recognized as an expense during the employees' retirement years.
D) charged to the goodwill account because providing employees with benefits generates employee goodwill.

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