When accounting for funded postretirement benefit plans,which one of the following is subtracted in the calculation of postretirement benefit expense?

Question

Quizplus · Accepted Answer

In the calculation of postretirement benefit expense, the expected return on plan assets is subtracted from the interest cost and service cost. The actual return on plan assets is not subtracted but is used to determine whether there is a gain or loss in the plan.

When Accounting for Funded Postretirement Benefit Plans,which One of the Following