Prior to 1993, postretirement benefits generally were accounted for on the:
A. Accrual basis.
B. Cash basis.
C. Modified accrual basis.
D. Hybrid basis.
Answer:B
Prior to 1993, postretirement benefits generally were accounted for on the:
A. Accrual basis. B. Cash basis. C. Modified accrual basis. D. Hybrid basis.