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?

Posted by: Pdfprep Category: T7 Tags: T7 exam questions, T7 practice exam, Certified Compensation Professional® | CCP® Post Date: January 27, 2021

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?
A . Fair value
B . Time value of money
C . Net present value
D . The corporate vision

Answer: C

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