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Worldatwork Exam T7 Topic 2 Question 105 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 105
Topic #: 2
[All T7 Questions]

What is the present value of any economic benefits available in the form of refunds from or reductions in the future contributions to the defined benefits plan called?

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Suggested Answer: B

Contribute your Thoughts:

Jacqueline
2 days ago
I'm not sure, but I think it could also be D) Net present value, as that seems to be related to the present value of future benefits.
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Matilda
7 days ago
I'm going to go with C) Fair value. It just seems to fit the description the best in my opinion.
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Thersa
9 days ago
I agree with Helaine, because it makes sense that the present value of economic benefits would be related to the net defined benefit liability.
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Miss
10 days ago
D) Net present value seems like the right answer. It's all about the present value of future benefits, right?
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Hillary
13 days ago
I'm pretty sure the answer is A) Net defined benefit liability (asset). That's the most logical choice here.
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Helaine
15 days ago
I think the answer is A) Net defined benefit liability (asset).
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