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Worldatwork Exam T7 Topic 3 Question 85 Discussion

Actual exam question for Worldatwork's T7 exam

Question #: 85
Topic #: 3

[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?

ARe-measurement method

BFair value method

CNet present value method

DProjected unit credit method

Show Suggested Answer

Suggested Answer: D

by Lizette at Apr 21, 2024, 10:17 PM

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Fernanda

5 months ago

Fair point, but I agree with User3. Projected unit credit method ties in better with the context of the question.

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Vallie

5 months ago

True, but Fair value method also came to mind. It's tricky.

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Odette

6 months ago

That makes sense. It incorporates estimates about demographics and financial variables too, right?

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Wynell

6 months ago

I think it's D) Projected unit credit method. It's used for estimating earned benefits over periods.

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Fernanda

7 months ago

Yeah, definitely. Do you know which method they are talking about?

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Vallie

7 months ago

Wow, tough question on the exam today, don't you think?

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Clare

7 months ago

Yes, that's another option. Both methods are commonly used in practice.

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Aleshia

7 months ago

I thought they could also use the Fair value method.

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Bobbie

7 months ago

They can use the Projected unit credit method.

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Clare

7 months ago

What method does a company use to estimate employee earnings for different periods?

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