Which of the Following Is Not a Reason for Using

Which of the following is not a reason for using the projected salaries level approach for calculating the actuarial present value of promised retirement benefits.

A) It is possible to report a fund being overfunded or reporting adequate funding even though the plan is underfunded.
B) The determination of benefits for final pay plans is based on salaries at or near the retirement date.
C) Increases in benefits arising from salary changes become and obligation of the plan simultaneous with the salary changes.
D) All of the above are reasons for using the project salaries approach.