Which of the following is not a component of net periodic pension cost?

Question

Quizplus · Accepted Answer

Benefits paid to retirees are not a component of net periodic pension cost because they are already reflected in the plan assets and therefore are not an ongoing expense for the company. The other components, interest cost, actual return on plan assets, and amortization of prior service cost, are all ongoing expenses that contribute to the company's net periodic pension cost.

Which of the Following Is Not a Component of Net