The attribution approach required by GAAP for postretirement health care plans is to assign:

Question

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The attribution approach required by GAAP for postretirement health care plans is to assign an equal fraction of the EPBO to each year of service from the employee's hire date to the employee's full eligibility date. EPBO stands for accumulated postretirement benefit obligation, which is the present value of expected future benefit payments to employees based on their years of service. This approach is used to allocate the cost of the plan over the employee's service period.

The Attribution Approach Required by GAAP for Postretirement Health Care