Accounting for postemployment benefits, Taxation

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Accounting for postemployment benefits

Other Postemployment Benefits

Response to the following problem:

Companies often provide their employees with postemployment benefits other than pensions. These benefits may include health insurance, life insurance, and disability benefits.

Required

Explain how the accounting for these other postemployment benefits is similar or dissimilar to accounting for pensions.

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Taxation: Accounting for postemployment benefits

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