Why this is mistaken
Wrong: The corridor erases gains and losses below its threshold.
Correction: The corridor governs minimum amortization from AOCI; it does not remove the underlying accumulated amount.
Where to watch
When this mistake may appear
- A benefit-plan analysis treats this claim as true: The corridor erases gains and losses below its threshold.
Check your work
Your work may contain this mistake if:
- The corridor erases gains and losses below its threshold.