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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
21 days ago
I think B) Fair value method might be more appropriate for calculating employee benefits in certain situations.
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Roxane
22 days ago
I'm not sure, but I think C) Net present value method could also be a valid option.
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Terrilyn
23 days ago
I agree with Stevie, the projected unit credit method makes sense for estimating employee benefits.
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Antonio
1 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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Kimberlie
9 days ago
C) Net present value method
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Marylin
16 days ago
B) Fair value method
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Earleen
22 days ago
A) Re-measurement method
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Audra
2 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
2 months ago
I think the answer is D) Projected unit credit method.
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Cyndy
2 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 days 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
15 days ago
The fair value method may also be a good option depending on the company's specific circumstances.
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Stanton
21 days ago
I agree, the projected unit credit method is the most suitable for this scenario.
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Levi
22 days ago
D) Projected unit credit method
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Fanny
23 days ago
C) Net present value method
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Adelaide
25 days ago
B) Fair value method
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Kristofer
28 days ago
A) Re-measurement method
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Nydia
1 months ago
It's important to consider both past and future periods when estimating employee earnings.
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Blondell
1 months ago
I agree, the projected unit credit method is commonly used for calculating employee benefits.
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