Indicate whether the statement is TRUE OR FALSE, and

Whether TRUE or FALSE provide at least three (3) considerations (explanations) for your determination of T/F

1. In determining diluted EPS, convertible preferred stock is always dilutive.

2- Due to the risk associated with company bankruptcies, most employees favor defined contribution plans.

3- The FASBs rationale for requiring immediate expensing of prior service costs at the date of amendment or initiation of a defined benefit plan is the employer has no guarantee that it will receive future benefits.