Which of the Following Is Not True Regarding the Accounting

Which of the following is not true regarding the accounting for defined contribution plans?

A) When pension assets equal pension liabilities and the expected rate of return on pension investments equals the discount rate used to compute the projected benefit obligation, the amounts offset each other.
B) When the interest cost exceeds the expected return on pension investments, either employer contributions or future earnings on pension plan investments must make up the difference.
C) Computing pension expense (or credit) using the expected return (not the actual return) rests on the view that pension plans should take a long-term perspective and generate earnings from investments based on a long-term expected rate of return.
D) Annual deviations from the long-term expected rate of return should flow through to net income as they occur.
E) Recognizing service cost as an increase in the pension expense parallels inclusion of wage and salary costs as an expense.