Which of the following must result in understated liability balances?
a. Delays in the write-down (expensing) of current assets such as inventory.
b. Understating the growth rate in future post-retirement benefit costs
c. Overstated amortization of goodwil
d. Overstating the growth rate in future post-retirement benefit costs
e. Understating the discount rate used in discounting future defined benefit payments.