Significant differences can occur in required funding of pension funds due to different discount rates required under IFRS and U.S.GAAP,which of the following is true?
A)The discount rates under IFRS are determined by reference to market yields at the balance sheet date on high quality corporate bonds.
B)The discount rate under U.S.GAAP should reflect the rates at which pension benefits could be effectively settled.
C)All of the above
D)None of the above

Question

Quizplus · Accepted Answer

The Answer is C

Significant Differences Can Occur in Required Funding of Pension Funds