Because of significant government funding of benefits to retirees, it is likely that total pension costs are

A) more material for U.S.companies than foreign companies
B) more material for foreign companies than U.S.companies
C) the same for all companies worldwide
D) not material for any companies worldwide

Government Funding

Financial support provided by a governmental body to individuals, organizations, or projects deemed beneficial or necessary for the public or specific sectors.

Pension Costs

Expenses related to providing retirement benefits to employees, including contributions to pension plans and costs associated with pension plan management.