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What is a pension plan settlement? Curtailment? How should the net gain or loss from a settlement or curtailment be accounted for by a company according to FASB Statement No. 88?

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What is a pension plan settlement? Curtailment? How should the net gain or loss from a settlement or curtailment be accounted for by a company according to FASB Statement No. 88?

Answered Same Day Dec 21, 2021

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Robert answered on Dec 21 2021
119 Votes
What is a pension plan settlement? Curtailment? How should the net gain or loss
from a settlement or curtailment be accounted for by a company according to
FASB Statement No. 88?
Curtailment may be defined as an event that allows reduction in the expected years of
the services in the future by...
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