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Which of the following describes correctly the procedure for AOCl actuarial gains or losses? It...

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Accounting

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Which of the following describes correctly the procedure for AOCl actuarial gains or losses? It is automatically amortized to the income statement over the average estimated remaining service life of employees. If is amorbzed to the income statement over the average estimated remaining service life of employecs if the bathince ectuals or exceeds 10% of the PBO or plan assets, whichever is higher. Nocie of these are correct. it remains in AOCl indefritely

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