Reclasification of OCI

Both 1 and 2 mean the same thing - remeasurement gain is the more up to date term. Definitely NOT recycled to P&L. :)

If it's the specimen exam ................it was issued by the ACCA not us. I can't seem to find the link, but I've just checked a hard copy which states that remeasurement differences are NOT recycled. There may have been an error in the original Q. Trust me!