Worldatwork Exam T7 Topic 1 Question 54 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 54
Topic #: 1

In defined contribution plans when the contributions are not expected to be settled wholly before twelve months after the end of the reporting period, what must occur?

AThe employer must assume risk for the plan

BContributions must be discounted

CContributions must not be discounted

DThe employer must pay a specified amount to the employee

Show Suggested Answer

Suggested Answer: B

by Benedict at Jun 27, 2022, 11:39 PM

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