Which of the Following Is Not an Actuarial Assumption Underlying

question 20

Multiple Choice

Which of the following is not an actuarial assumption underlying the computation of the pension obligation?

• A)Employee turnover
• B)Life expectancy
• C)Interest rate
• D)Service cost

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Definitions:

Classical Conditioning

A learning process that occurs through associations between an environmental stimulus and a naturally occurring stimulus.

Involuntary Responses

Reflex actions or responses that occur automatically without conscious decision, such as blinking or sneezing.

Rooting Reflex

An automatic response seen in newborn babies, who turn their face toward a touch on their cheek and open their mouth to "root" for a nipple.

Palmar Reflex

An involuntary response observed in infants, where the hand closes into a fist when the palm is touched, typically disappearing by 5-6 months of age.