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If the balance sheets of a firm reporting under U.S.GAAP and a firm reporting under IFRS show equal pension liabilities, it is most likely that: A.both firms’ defined contribution plans are underfunded. B.the funded status of the U.S.GAAP firm’s pension is equal to its pension liability. C.the IFRS firm’s pension is underfunded by a greater amount than the U.S.GAAP firm’s pension.