Ask Question
BusinessBusiness
18 September, 17:09

Which of the following statements about the expected postretirement benefit obligation (EPBO) is not correct? a. The EPBO is recorded in the accounts. b. The EPBO is used in measuring periodic expense. c. The EPBO is an actuarial present value. d. The EPBO is an actuarial present value and is used in measuring periodic expense.

+3
Answers (1)
  1. 18 September, 17:27
    0
    The correct answer is letter "A": The EPBO is recorded in the accounts.

    Explanation:

    The Expected Postretirement Obligation (EPBO) is an estimation of the value of the benefits employees will receive upon retirement including all the time workers remained in the firm. This is merely a calculation and is not subject to any type of transaction to be recorded in the company's books. The EPBO is not related to workers' pensions.
Know the Answer?
Not Sure About the Answer?
Find an answer to your question 👍 “Which of the following statements about the expected postretirement benefit obligation (EPBO) is not correct? a. The EPBO is recorded in ...” in 📗 Business if the answers seem to be not correct or there’s no answer. Try a smart search to find answers to similar questions.
Search for Other Answers
You Might be Interested in
Which of these is the adjusting entry to record $600 depreciation on equipment?
Answers (1)
What is a credit card balance?
Answers (2)
Which of the following statements about short-term goals is false? a. An example of a short-term goal would be "buy a house in 2 years." b. You can work on a short-term goal immediately. c. Short-term goals can be accomplished quickly. d.
Answers (1)
The production of small consumer goods is referred to as?
Answers (1)
Mr. Dawson purchased some artichokes for 80 cents each and twice as many pineapples for 95 cents each. Altogether he spent $18.90. Let x represent the number of artichokes. How many artichokes did Mr. Dawson purchase?
Answers (1)
New Questions in Business
Why do ralph piggy and samneric lie about their part in simon death?
Answers (1)
One of the biggest financial benefits of starting early to save for your retirement fund is related to:
Answers (1)
Elizabeth is a full-time college sophomore and has a demanding part-time job. she leaves her saturdays free to run errands and "get things back in order," and to maintain balance. elizabeth's behavior illustrates:
Answers (1)
ABC Bank has made several big loans to a mining equipment manufacturer that sells its equipment to the copper mining industry in Chile. Political unrest in Chile is a source of what kind of risk for ABC Bank? a. Operational risk b. Country risk c.
No Answers
Which of the following is NOT one of the four distinct eras in the evolution of marketing? A. Relationship Era B. Sales Era C. Triple-Bottom-Line Era D. Social Media Era E. Production Era
Answers (1)
Home » Business » Which of the following statements about the expected postretirement benefit obligation (EPBO) is not correct? a. The EPBO is recorded in the accounts. b. The EPBO is used in measuring periodic expense. c. The EPBO is an actuarial present value. d.
Sign Up Forgot Password?