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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
3 months ago
I think B) Fair value method might be more appropriate for calculating employee benefits in certain situations.
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Roxane
3 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
3 months ago
I agree with Stevie, the projected unit credit method makes sense for estimating employee benefits.
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Antonio
4 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
2 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
2 months ago
D) Projected unit credit method
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Idella
2 months ago
C) Net present value method
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Talia
2 months ago
B) Fair value method
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Tayna
2 months ago
A) Re-measurement method
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Ronnie
2 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
3 months ago
D) Projected unit credit method
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Kimberlie
3 months ago
C) Net present value method
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Marylin
3 months ago
B) Fair value method
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Earleen
3 months ago
A) Re-measurement method
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Audra
4 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
4 months ago
I think the answer is D) Projected unit credit method.
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Cyndy
4 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
3 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
3 months ago
The fair value method may also be a good option depending on the company's specific circumstances.
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Stanton
3 months ago
I agree, the projected unit credit method is the most suitable for this scenario.
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Levi
3 months ago
D) Projected unit credit method
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Fanny
3 months ago
C) Net present value method
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Adelaide
4 months ago
B) Fair value method
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Kristofer
4 months ago
A) Re-measurement method
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Nydia
4 months ago
It's important to consider both past and future periods when estimating employee earnings.
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Blondell
4 months ago
I agree, the projected unit credit method is commonly used for calculating employee benefits.
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