Question 24&25

Question 24 1 pts In determining the present value of the prospective benefits (often referred to as the projected benefit obligation), the following are considered by the actuary Retirement and mortality rates Interest rates. Inflation rates All of the abovefactors 1 pts Question 25 At the end of 2017 the President signed the Tax Cuts and Jobs Act (TCJA) that reduced corporate tax rates. As a result, the properly accounting for the effect of TCJA on their deferred tax assets and liabilities corporations made adjustments which Increased their deferred tax assets and deferred tax liabilities Reduced their deferred tax assets and deferred tax liabilities Increased their deferred tax assets but reduced their deferred tax liabilities Made no changes to their deferred tax assets and deferred tax liabilities int Omestion 26