The transition obligation related to postretirement health care benefits is:
A. Capitalized.
B. Expensed immediately.
C. Either expensed immediately or amortized over a period of years.
D. Amortized over a period of years.
Answer:C
The transition obligation related to postretirement health care benefits is:
A. Capitalized. B. Expensed immediately. C. Either expensed immediately or amortized over a period of years. D. Amortized over a period of years.