Which of the following is not true regarding SFAS 158?
a. It brought the overfunded and underfunded status of defined benefit plan to the footnotes of the balance sheet.
b. It required certain costs be charged to other comprehensive income.
c. It requires a credit to other pension income for amortized prior service costs.
d. An overfunded or underfunded amount for OPEBs must be shown as an asset or liability on the balance sheet.
ANSWER: A
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a. transportation costs b. taxes on the purchase c. installation costs d. maintenance costs
Which of the following would be least appropriate to include on a résumé?
A) Dates of employment B) Duties and accomplishments from previous jobs C) Educational accomplishments D) Academic awards and scholarships E) Date of high school graduation
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