Nonpublic entities are not required to separately disclose the components of net periodic benefit cost.

Question

Quizplus · Accepted Answer

Nonpublic entities are not required to separately disclose the components of net periodic benefit cost as per Generally Accepted Accounting Principles (GAAP) in the United States. However, they may choose to provide additional information and disclosures about their employee benefit plans in the financial statements.

Nonpublic Entities Are Not Required to Separately Disclose the Components