Pension expense and funding amounts are both accounting decisions.

Name: Pension expense and funding amounts are both accounting decisions.
Brand: Quizplus
Rating: 4.8 (44 reviews)

Question

Quizplus · Accepted Answer

Pension expense is an accounting decision reflecting the cost of benefits earned by employees in the current period, while funding amounts are cash contributions to the pension plan, often determined by actuarial assessments and regulatory requirements, not solely by accounting decisions.

Pension Expense and Funding Amounts Are Both Accounting Decisions