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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
11 months ago
I think B) Fair value method might be more appropriate for calculating employee benefits in certain situations.
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Roxane
11 months ago
I'm not sure, but I think C) Net present value method could also be a valid option.
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Terrilyn
11 months ago
I agree with Stevie, the projected unit credit method makes sense for estimating employee benefits.
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Antonio
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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Kristal
9 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
9 months ago
D) Projected unit credit method
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Idella
9 months ago
C) Net present value method
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Talia
9 months ago
B) Fair value method
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Tayna
9 months ago
A) Re-measurement method
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Ronnie
9 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
10 months ago
D) Projected unit credit method
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Kimberlie
10 months ago
C) Net present value method
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Marylin
11 months ago
B) Fair value method
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Earleen
11 months ago
A) Re-measurement method
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Audra
12 months 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
12 months ago
I think the answer is D) Projected unit credit method.
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Cyndy
12 months 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
10 months 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
10 months ago
The fair value method may also be a good option depending on the company's specific circumstances.
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Stanton
11 months ago
I agree, the projected unit credit method is the most suitable for this scenario.
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Levi
11 months ago
D) Projected unit credit method
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Fanny
11 months ago
C) Net present value method
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Adelaide
11 months ago
B) Fair value method
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Kristofer
11 months ago
A) Re-measurement method
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Nydia
11 months ago
It's important to consider both past and future periods when estimating employee earnings.
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Blondell
11 months ago
I agree, the projected unit credit method is commonly used for calculating employee benefits.
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