Endnotes

1If the insurance company is controlled by the employer or there is any reasonable doubt that the insurance company will meet its obligation under the contract, the purchase of the contract does not constitute a settlement for purposes of FAS 88.

Get Wiley GAAP 2008 now with the O’Reilly learning platform.

O’Reilly members experience books, live events, courses curated by job role, and more from O’Reilly and nearly 200 top publishers.