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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?

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Suggested Answer: D

Contribute your Thoughts:

Fernanda
6 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
6 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
7 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
8 months ago
Yes, that's another option. Both methods are commonly used in practice.
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Aleshia
8 months ago
I thought they could also use the Fair value method.
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Bobbie
8 months ago
They can use the Projected unit credit method.
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Clare
8 months ago
What method does a company use to estimate employee earnings for different periods?
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