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Additional Activities and Common Disclosures of a Business ather than in the period when the employee service was rendered.This policy results in uneven charges against revenue and does not recognize a liability for unfunded postre- Employee CompensationÑPayroll,Pensions,and Other Compensation Issues Additional Activities and Common Disclosures of a Business Service cost and prior service cost are charged (attributed) to the years from the hire eal many other areas for clarification and possible exceptions. quantify and are concentrated on a smaller group, the firms preparing financial statements. Employee CompensationÑPayroll,Pensions,and Other Compensation Issues SERVICE COST Service costs in most defined benefit pension plans are computed by measuring the cost to the employer of additional benefits earned during a period (see Lee Berton, ÒFASB Issues Rule Change on Benefits,Ó Additional Activities and Common Disclosures of a Business defined two new terms to describe the nature of service costs for