Question

The expense for other postretirement benefits, such as health care benefits, dental benefits, and eye care benefits, currently is accounted for_________

Answer 1

The expense for other postretirement benefits, such as health care benefits, dental benefits, and eye care benefits, is accounted for through retirement plans and employee insurance.

Step-by-step explanation:

The expense for other postretirement benefits, such as health care benefits, dental benefits, and eye care benefits, currently is accounted for through retirement plans and employee insurance. These benefits are typically included as part of a comprehensive package that a company provides to its employees. Retirement plans, such as pensions or 401(k)s, may offer postretirement health care benefits as part of their overall package.