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How much will be shown in profit or loss and in other 9 The actuarial valuation report of Entity A's post-employment Remeasurements of the net defined benefit liability Net interest on the net defined benefit liability (asset) benefit plan shows the following information: Service cost 300,000 90,000 Total defined benefit cost (20,000) 370,000 comprehensive income? Profit or loss Other comprehensive income a. 370,000 b. 300,000 C. 390,000 d. 70,000 (20,000) 370,000

How much will be shown in profit or loss and in other 9 The actuarial valuation report of Entity A's post-employment Remeasurements of the net defined benefit liability Net interest on the net defined benefit liability (asset) benefit plan shows the following information: Service cost 300,000 90,000 Total defined benefit cost (20,000) 370,000 comprehensive income? Profit or loss Other comprehensive income a. 370,000 b. 300,000 C. 390,000 d. 70,000 (20,000) 370,000

Financial Reporting, Financial Statement Analysis and Valuation
Financial Reporting, Financial Statement Analysis and Valuation
8th Edition
ISBN:9781285190907
Author:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Publisher:James M. Wahlen, Stephen P. Baginski, Mark Bradshaw
Chapter9: Operating Activities
Section: Chapter Questions
Problem 13QE
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Net interest on the net defined benefit liability (asset) Remeasurements of the net defined benefit liability benefit plan shows the following information: How much will be shown in profit or loss and in other 9. The actuarial valuation report of Entity A's post-employment c. P200,000 net defined benefit liability in noncurrent P200,000 net defined benefit asset in noncurrent assets unting for de PAS 259 Emplayer Benefits ned benefit liabilities y (asset) d. PIM in noncurrent liabilities 300,000 Service cost 90,000 (20,000) 370,000 unting for whid Total defined benefit cost comprehensive income? Profit or loss ans Other comprehensive income a. 370,000 b. 300,000 C. 390,000 d. 70,000 (20,000) 370,000 ly to affect te benefit plan? 10. According to PAS 19, how are other long-term benefits accounted for? a. similar to defined benefit plans. b. similar to short-term employee benefits except that the cash flows are discounted. C. similar to defined benefit plans except that all the components of the defined benefit cost is recognized in other comprehensive income. a.) similar to defined benefit plans except that all the components of the defined benefit cost is recognized in profit or loss. fund. Entity A as d P 800,000 P1,000,00 mber 31, 20 -employmet n noncurret
Transcribed Image Text:Net interest on the net defined benefit liability (asset) Remeasurements of the net defined benefit liability benefit plan shows the following information: How much will be shown in profit or loss and in other 9. The actuarial valuation report of Entity A's post-employment c. P200,000 net defined benefit liability in noncurrent P200,000 net defined benefit asset in noncurrent assets unting for de PAS 259 Emplayer Benefits ned benefit liabilities y (asset) d. PIM in noncurrent liabilities 300,000 Service cost 90,000 (20,000) 370,000 unting for whid Total defined benefit cost comprehensive income? Profit or loss ans Other comprehensive income a. 370,000 b. 300,000 C. 390,000 d. 70,000 (20,000) 370,000 ly to affect te benefit plan? 10. According to PAS 19, how are other long-term benefits accounted for? a. similar to defined benefit plans. b. similar to short-term employee benefits except that the cash flows are discounted. C. similar to defined benefit plans except that all the components of the defined benefit cost is recognized in other comprehensive income. a.) similar to defined benefit plans except that all the components of the defined benefit cost is recognized in profit or loss. fund. Entity A as d P 800,000 P1,000,00 mber 31, 20 -employmet n noncurret
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