Which of the Following Is NOT Correct

Which of the following is NOT correct?

A) International accounting standards for pensions (IAS 19) do not include any provisions for the recognition of an additional minimum liability.
B) International accounting standards for pensions (IAS 19) do not allow for the recognition of a net pension asset in some circumstances.
C) International accounting standard for pensions (IAS 19) include the same 10% corridor amount in calculating the amortization of deferred gains and losses as found in U.S.GAAP.
D) International accounting standards for pensions (IAS 19) recognized pension gains and losses immediately as part of comprehensive income.

Correct Answer:

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