GAAP for Pension Plans Requires Companies with Defined Benefit Pension

GAAP for pension plans requires companies with defined benefit pension plans to

A) recognize pension expense based on accrual-basis concepts
B) recognize pension expense as an amount equal to the actual cash paid to retired employees for the current year
C) recognize a pension liability based on the projected benefit obligation concept
D) disclose annual pension cost in a footnote only; pension cost was not required to be reported on the income statement