Due to accrual accounting's system of matching expenses with their associated revenues,pensions and postretirement benefits are expenses when earned by employees.

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As per accrual accounting, pension and postretirement benefits are recognized as expenses when earned by employees, as they are associated with the revenue generated during the same period. This helps in ensuring that the financial statements represent a true and fair view of the company's financial performance and position.

Due to Accrual Accounting's System of Matching Expenses with Their