The effects of some changes in a company's estimates of its pension obligation are shown in other comprehensive income rather than in net income.

Name: The effects of some changes in a company's estimates of its pension obligation are shown in other comprehensive income rather than in net income.
Brand: Quizplus
Rating: 4.9 (33 reviews)

Question

Quizplus · Accepted Answer

Changes in a company's estimates of its pension obligation are recognized in other comprehensive income and not in net income, unless they result in a recognizing a gain or loss in net income.

The Effects of Some Changes in a Company's Estimates of Its