Under the corridor approach, a company only amortizes the net accumulated unamortized actuarial gain or loss when the beginning accumulated unamortized balance of the net actuarial gain or loss exceeds the corridor. True False Note: This is a true or false question.
Under the corridor approach, a company only amortizes the net accumulated unamortized actuarial gain or loss when the beginning accumulated unamortized balance of the net actuarial gain or loss exceeds the corridor. True False Note: This is a true or false question.
Chapter1: Financial Statements And Business Decisions
Section: Chapter Questions
Problem 1Q
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Under the corridor approach, a company only amortizes the net accumulated unamortized actuarial gain or loss when the beginning accumulated unamortized balance of the net actuarial gain or loss exceeds the corridor.
True
False
Note: This is a true or false question.
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