Which of the following is true regarding SFAS 158?
A) It brought the overfunded and underfunded status of defined benefit plan to the footnotes of the balance sheet.
B) It required certain costs be charged to other comprehensive income.
C) It requires a credit to other pension income for amortized prior service costs.
D) An overfunded or underfunded amount for OPEBs must be shown as an asset or liability on the balance sheet.
Correct Answer:
Verified
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