The deferred tax account balance is reported in the balance sheet as a deferred tax credit or a deferred tax charge. True False Question 13 6 pts The FASB determined that deferred tax liabilities and deferred tax assets do not meet the definition of liabilities and assets found in SFAC No. 6. True False Question 14 6 pts With respect to the return on plan assets, and while permitting both, the FASB favors the expected return versus the actual return. True False Question 15 6 pts The most significant Other Postretirement Benefits are retiree health-care benefits and life insurance. True False