Which of the Following Statements Is not Correct with Respect

Multiple Choice

Which of the following statements is not correct with respect to defined benefit plans?

A) Defined benefit plans may have unfunded actuarial liabilities.
B) Employer reporting involves measurement of the pension liability and annual expense.
C) RSI must be presented showing annual pension information over 25 year intervals.
D) Extensive note disclosures are required describing the plan, the components of the pension liability, and significant assumptions underlying measurement of the liability.