T F 1. The projected benefit obligation may be less reliable than the accumulated benefit obligation.

T F 2. The amount of the vested benefit obligation is less than the projected benefit obligation and more than the accumulated benefit obligation.

T F 3. An upward revision of inflation and compensation trends would likely cause a loss in the pension benefit obligation.

T F 4. If the PBO is deducted from Pension Plan Assets, the result will always be a positive number.

T F 5. If a companys pension plan is less than fully funded at the end of a given year, the company must recognize a loss in OCI for the year.