Worldatwork Exam T7 Topic 2 Question 105 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 105
Topic #: 2

[All T7 Questions]

What is the present value of any economic benefits available in the form of refunds from or reductions in the future contributions to the defined benefits plan called?

ANet defined benefit liability (asset)

BAsset ceiling

CFair value

DNet present value

Show Suggested Answer

Suggested Answer: B

by Alease at Jan 16, 2025, 12:10 AM

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Annamae

28 days ago

Haha, is this a trick question? I'm going to guess B) Asset ceiling, just to be different.

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Maybelle

8 days ago

I'm not sure, but I'll go with A) Net defined benefit liability (asset).

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Florencia

14 days ago

I think the answer is D) Net present value.

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Jacqueline

30 days ago

I'm not sure, but I think it could also be D) Net present value, as that seems to be related to the present value of future benefits.

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Matilda

1 months ago

I'm going to go with C) Fair value. It just seems to fit the description the best in my opinion.

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Emogene

3 days ago

I'm not sure, but I think it could be A) Net defined benefit liability (asset).

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Marshall

7 days ago

I agree with you, I also think it's D) Net present value.

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Sherell

13 days ago

I think it might be D) Net present value.

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Thersa

1 months ago

I agree with Helaine, because it makes sense that the present value of economic benefits would be related to the net defined benefit liability.

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Miss

1 months ago

D) Net present value seems like the right answer. It's all about the present value of future benefits, right?

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Hillary

1 months ago

I'm pretty sure the answer is A) Net defined benefit liability (asset). That's the most logical choice here.

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Veronika

2 days ago

I'm not so sure, maybe it's D) Net present value?

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Claudio

5 days ago

I agree, that seems like the correct answer.

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Johnna

14 days ago

I think it's A) Net defined benefit liability (asset).

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Helaine

1 months ago

I think the answer is A) Net defined benefit liability (asset).

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