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Answer: Actuarial gains and losses
Under IFRS, the change in the net pension asset or liability each period consists of three components. Two components—employees' service costs and net interest expense or income—are recognized in profit and loss. The third component, remeasurements (which include actuarial gains and losses), is recognized in other comprehensive income and is not amortized into profit or loss over time. Therefore, the correct answer is **B**.
Author: LeetQuiz Editorial Team
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Which of the following components of change in the net pension asset or liability of a defined-benefit pension plan is recognized in other comprehensive income?
A
Employees' service costs
B
Actuarial gains and losses
C
Net interest expense or income accrued on the beginning net pension asset or liability
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