Gains and losses that relate to the computation of pension expense should be
a. recorded currently as an adjustment to pension expense in the period incurred.
b. recorded currently and in the future by applying the corridor method which provides the amount to be amortized.
c. amortized over a 15-year period.
d. recorded only if a loss is determined.
Answer: recorded currently and in the future by applying the corridor method which provides the amount to be amortized
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