Employee severance costs, as part of board-approved restructuring plans, are reported in the income statement even if the actual payment for these costs occurs in subsequent periods.

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Employee severance costs related to restructuring plans are recognized in the income statement when the employer commits to the restructuring plan and the related obligations are incurred, even if the payments are made in subsequent periods.

Employee Severance Costs, as Part of Board-Approved Restructuring Plans, Are