The Auditing Standards Board's guidance on matters such as the purpose of an audit, the premise of an audit, and auditor personal responsibilities is included in:n
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a. The professional responsibilities section of the generally accepted auditing standards.n
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b. Accounting Series Releasesn
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c. The Code of Professional Conduct.n
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d. Principles Underlying an Audit Conducted in Accordance with GAAS.

Solutions Ltd. sponsors a defined benefit pension plan for its employees. At the beginning of 20X3, there is an accrued SFP pension liability of $152,800, as follows: Defined benefit obligation $(509,100) 356,300 Plan assets (fair value) Net defined benefit liability $(152,800) There are also actuarial losses of $72,700 in accumulated OCI with respect to the pension plan. The following data relate to the operation of the plan for the years 20X3 and 20X4: Current service cost Yield rate on long-term corporate bonds Actual return (loss) on plan assets Annual funding contributions, at year-end Benefits paid to retirees at end of year Increase in defined benefit obligation due to changes in actuarial assumptions as of 31 December each year 20X3 49,000 5% (17,000) 65,000 45,500 86,000 Page 1385. 20X4 $ 42,000 5% 21,000 82,000 106,000 34,000 Required: Prepare a spreadsheet that summarizes relevant pension data for 20X3 and 20X4. As part of the spreadsheet, calculate pension expense, the net defined benefit accrued benefit asset/liability, and accumulated OCI for 20X3 and 20X4.