Accounting for postretirement benefits is similar, in most respects, to accounting for:
A. Payroll taxes.
B. Health insurance costs for current employees.
C. Pensions.
D. Sick pay and vacation pay.
Answer:C
Accounting for postretirement benefits is similar, in most respects, to accounting for:
A. Payroll taxes. B. Health insurance costs for current employees. C. Pensions. D. Sick pay and vacation pay.