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What are the guidelines for recording pensions

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Reference no: EM132108455

Question -

1. What are the guidelines for recording pensions? Why is pension accounting challenging? Have there been abuses associated with this area?

2. What is the process of coming up with an interest rate in present-value analysis?

3. What is the correct timing for recognizing installment-sales revenue? What are some of the issues?

4. What is the completed contract revenue recognition method? Why do we need this approach?

Need a 150-200 word response for each question above.

Reference no: EM132108455

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