Which of the following is not a true statement about postretirement benefits?

. A company’s liability for postretirement benefits is difficult to estimate.

. An expense for an employee’s future benefits should be recognized during the period the employee helps generate income

(the matching principle).

 

. The liability for postretirement benefits is reported at its present value.

 Investors do not pay much attention to the liability for postretirement benefits since it is difficult to estimate