The expense recognised by an employer for a defined benefit superannuation plan:

Question

Quizplus · Accepted Answer

The expense recognised by an employer for a defined benefit superannuation plan is not necessarily the amount of the contribution for the period. The expense is calculated using actuarial assumptions and methods to determine the present value of the expected future benefits to be paid to employees under the plan, and this can result in a different amount than the contributions made for the period.

The Expense Recognised by an Employer for a Defined Benefit