Which of the following is not a similarity between the accounting for a defined benefit pension plan and other postretirement benefits?

Question

Quizplus · Accepted Answer

The funding requirements for a defined benefit pension plan and other postretirement benefits are different. A pension plan must be funded by the employer, while other postretirement benefits may not require the same level of funding. Therefore, the accounting treatment for funding requirements is not similar between the two benefit plans.

Which of the Following Is Not a Similarity Between the Accounting