Pension expense is decreased by:

Name: Pension expense is decreased by:
Brand: Quizplus
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Question

Quizplus · Accepted Answer

Amortization of net gain decreases the pension expense. A is incorrect because amortization of prior service cost increases the pension expense. C is incorrect because benefits paid to retired employees are not an expense, but a reduction in the pension liability. D is incorrect because prior service cost is amortized, not simply recognized as an expense.

Pension Expense Is Decreased By