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damnitdiane damnitdiane
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5 years ago
What is the proper treatment of prior service costs?
A) Prior service costs are included in other comprehensive income and amortized over future periods.
B) Prior service costs are included in other comprehensive income and amortized retroactively over the most recent three periods.
C) Prior service costs are included in net income and expensed in the current year.
D) Prior service costs are included in net income and amortized over future periods.
Textbook 
Intermediate Accounting

Intermediate Accounting


Edition: 1st
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taneymctaneymc
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5 years ago
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