A. In accounting for pensions, when projected pension liability exceeds plan assets, we recognize additional pension liability in the balance sheet, and when plan assets exceed projected pension liability, we recognize additional pension asset. What is the impact of these pension liabilities or assets on the firm's financial rations? B. In accounting for corporate income tax, deductible future amounts create deferred tax assets, and taxable future amounts create deferred tax liabilities. Discuss this statement within the conceptual framework of accounting. (hint: refer to the definition of assets and liabilities as well as full disclosure)