A company reports an underfunded accumulated postretirement benefit obligation in its report of funded status. This amount generally equals the Select one: a. Amount by which cumulative postretirement benefit expense exceeds cumulative funding since transition b. Amount by which the present value of benefit payments expected to be made exceeds the plan assets at fair value. Net postretirement asset balance less amounts funded to date d. Amount by which the present value or benefit payments earned to date exceeds the plan assets at fair value