What is true of the interest cost component of the pension expense?
A) ASPE specifies that enterprises should use the yields on high-quality corporate bonds.
B) IFRS specifies that enterprises should use the yields on high-quality short-term corporate bonds.
C) It represents the increase in the pension obligation due to the passage of time.
D) IFRS specifies that enterprises should use the yields on medium-quality corporate bonds.
Correct Answer:
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