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Worldatwork Exam T7 Topic 1 Question 92 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 92
Topic #: 1
[All T7 Questions]

To estimate how much the employees have earned for their work in the current and prior periods in order to attribute the benefit to the periods of service and to incorporate estimates about demographics and financial variables into calculations, a company must utilize what method?

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Suggested Answer: D

by Ronnie at Jul 05, 2024, 03:18 AM

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Pilar
1 years ago
I think B) Fair value method might be more appropriate for calculating employee benefits in certain situations.
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Roxane
1 years ago
I'm not sure, but I think C) Net present value method could also be a valid option.
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Terrilyn
1 years ago
I agree with Stevie, the projected unit credit method makes sense for estimating employee benefits.
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Antonio
1 years ago
D) Projected unit credit method, for sure. I mean, how else are you gonna account for all those employee benefits and service periods? This is classic pension accounting stuff right here.
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Kristal
11 months ago
D) Projected unit credit method, for sure. I mean, how else are you gonna account for all those employee benefits and service periods? This is classic pension accounting stuff right here.
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Daron
11 months ago
D) Projected unit credit method
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Idella
11 months ago
C) Net present value method
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Talia
11 months ago
B) Fair value method
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Tayna
11 months ago
A) Re-measurement method
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Ronnie
11 months ago
D) Projected unit credit method, for sure. I mean, how else are you gonna account for all those employee benefits and service periods? This is classic pension accounting stuff right here.
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Zena
12 months ago
D) Projected unit credit method
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Kimberlie
12 months ago
C) Net present value method
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Marylin
1 years ago
B) Fair value method
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Earleen
1 years ago
A) Re-measurement method
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Audra
1 years ago
Hmm, I'm not too sure about this one. The net present value method feels like it could work, but I think the projected unit credit method is the way to go. Gotta love those demographic and financial variable estimates!
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Stevie
1 years ago
I think the answer is D) Projected unit credit method.
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Cyndy
1 years ago
The projected unit credit method seems like the obvious choice here. It's all about calculating the present value of future benefits and attributing them to service periods. Pretty straightforward, if you ask me.
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Josphine
1 years ago
Each method has its own advantages and disadvantages, so it's crucial to choose the one that best fits the company's needs.
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Hollis
1 years ago
The fair value method may also be a good option depending on the company's specific circumstances.
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Stanton
1 years ago
I agree, the projected unit credit method is the most suitable for this scenario.
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Levi
1 years ago
D) Projected unit credit method
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Fanny
1 years ago
C) Net present value method
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Adelaide
1 years ago
B) Fair value method
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Kristofer
1 years ago
A) Re-measurement method
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Nydia
1 years ago
It's important to consider both past and future periods when estimating employee earnings.
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Blondell
1 years ago
I agree, the projected unit credit method is commonly used for calculating employee benefits.
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