Which of the following is not true about the cost of a factory employees pension...
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Accounting
Which of the following is not true about the cost of a factory employees pension plan?
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It is incurred when paid to the employee during hisher retirement.
It should be accrued systematically over the period of an employees active service.
In some cases, it may be partially offset by contributions made by employees.
It may be charged to general and administrative expenses under the premise that the existence of a pension plan is beneficial to the company as a whole.
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