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Worldatwork Exam T7 Topic 3 Question 104 Discussion

Actual exam question for Worldatwork's T7 exam
Question #: 104
Topic #: 3
[All T7 Questions]

Which of the following should be used when discounting a benefit in order to determine the present value of the defined benefit obligation and the current service cost?

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Suggested Answer: C

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Maia
4 days ago
B) Time value of money should be used.
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Sharan
5 days ago
I'm pretty sure the answer is B. The time value of money is a fundamental concept in determining the present value of future benefits.
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