According to PAS 26, a hybrid plan is accounted for as a. defined benefit plan b. defined contribution plan c. a or b d. party a and partly

Q: what is the major difference and the major similarity between the vested benefit obligation and the…

A: Explain the similarities and the differences between Projected Benefit Obligation and Accumulated…

Q: Which of the following is not a procedure in accounting for defined contribution plans?…

A: A defined-contribution plan refers to the type of retirement plan under which the employees add up a…

Q: compare the presentation and disclosure of defi ned contribution and defi ned benefi tpension plans;

A: Pension Plans: These types of plans provide retirees the benefit of the services that they provided…

Q: Information produced using fair value as the measurement base is considered:   I. More neutral.…

A: Answer:- Fair value method meaning:- When a buyer and a seller voluntarily agree on a price for an…

Q: Compensation income may be in the form of monetary or in-kind benefit. a.true b.false

A:

Q: xplain in detail regarding the follwing topic Tuition and Fees Deductio

A: The government wants to encourage the education and higher educations and to do that government…

Q: Distinguish between program service expenses and supporting service expenses.

A: A nonprofit organization’s expenses can be classified into two types, they are expenses for program…

Q: Explain the following terms as used in IAS 19 Employee Benefits: (1) The term 'defined benefit…

A: Defined Benefit Plan Defined benefit plan which is described as the long term employees compensation…

Q: 5. Who is required to consolidate a variable interest entity 6. What are the criteria to determine…

A: “Since you have asked multiple questions, we will solve the first question for you. If you want any…

Q: How is the Accumulated Benefit Obligation (ABO) different from the Projected Benefit Obligation…

A: Accumulated Benefit Obligation and Projected Benefit Obligation both are terms used in the pension…

Q: Distinguish fundamentally between a defined contribution and a defined benefit pension plan.

A: Given : This question tells about Distinguish between a defined contribution pension plan and a…

Q: The following information on a defined benefit plan is provided: FVPA, beg 2,800,000 PVDBO, beg…

A: Defined Benefit Plan: A defined benefit plan is one in which the pension amount and retirement…

Q: An increase in OCI related to plan assets occurs when:   Select one: a. The accumulated benefit…

A: The information given is a question related to Plan Assets and Deferred Obligation Accounting.

Q: In computing the ending balance of defined benefit obligation, which of the following is deducted…

A: Defined benefit obligation is the present value of future pension liabilities of a company which it…

Q: Net defined benefit asset results in Current service cost Interest expense Interest revenue

A: As per IAS 19 of IFRS mentions how the accounting should be done to employee benefit other than…

Q: A 401(k) plan: A- is a type of defined contribution plan. B- is a type of defined benefit plan. C-…

A: The question is related to the Retirement Benefit Plan.

Q: The responsibility for collection of GST/HST when taxable supplies are purchased falls upon Choose…

A: The responsibility for collection of GST/HST when taxable supplies are purchased falls upon C. the…

Q: Direct Compensation coverage.

A: The determinants of direct financial compensation can be classified into two categories, external…

Q: Distinguish among the vested benefit obligation, the accumulated benefit obligation, and the…

A: Vested benefit obligation (VBO) VBO is obtained as the present value of the benefit obligation which…

Q: O IAS 40 INVESTMENT PROPERTY SHOULD BE TAKEN UP IN SOPL OR OCI

A: Step 1 As per the provisions of IAS 40, investment property is means land or building or both which…

Q: Transfer payments include i. social security benefits ii. medicare and medicaid benefits iii.…

A: Transfer payment is the payment by the government for which nothing has not been received in return.…

Q: All of the following are components of the defined benefit cost except   unvested past service…

A: Defined benefit cost includes: Service cost Expected return on plan assets Change in the effect of…

Q: Distinguish betwenn program service expenses and supporting service expenses.

A: Expenditures related to the public services offered by the NFP are referred to as program service…

Q: ter the potential retirement income benefit. efined Contribution Pension Plan (DCPP) egistered…

A: Defined Pension Plan - An employer-promised defined/predetermined pension payment plan is referred…

Q: Using examples, how could the residual income method be operationalized to address potential policy…

A: The residual income method is a financial modeling technique used to determine the net operating…

Q: Explain Taxable REIT Subsidiaries?

A: Taxable REIT subsidiary (TRS): It may be an organization straightforwardly or by implication…

Q: Describe the major difference and the major similarity between the vested benefit obligation and the…

A: Differences:   The actual present value obligation of the pension that is payable to the employee is…

Q: The two main types of pension plans are defined benefit plans and defined contribution plans.…

A: Pension plan is a plan under which either the employer or the employee contributes small amount of…

Q: In determining the present value of the prospective benefits (often referred to as the defined…

A: Defined benefit obligation means a defined plan of contribution from employer to employees'…

Q: Define each of the following terms:b. Current asset usage policies: relaxed policy, restricted…

A: Working capital policies play an important for a organization. These policies ensure that there are…

Q: differences between Chargeable liftime transfers and potential exempt transfers

A: Inheritance tax: It is the tax levied on right to receive property from a descendant.