Listed Below Are Six Terms Followed by a List of Phrases

question 42

Multiple Choice

Listed below are six terms followed by a list of phrases that describe or characterize each of the terms. Match each phrase with the most correct term.
-Choice between PBO and ABO

• A)Risk borne by employee.
• B)Return on plan assets lower or (higher) than expected.
• C)Increase in the PBO.
• D)Used by actuaries to adjust for the time value of money.
• E)Actuarial estimate of other postretirement benefits to be received by participants.
• F)Trade-off between relevance and reliability.

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Definitions:

Personal Status

The legal or social position of an individual, often in relation to marriage, family laws, or nationality.

Knowledge

Facts, information, and skills acquired through experience or education; the theoretical or practical understanding of a subject.

Friendship Networks

The web of relationships formed based on mutual friendship, support, and common interests within a social or professional context.

Advice Networks

These refer to structures within organizations where individuals seek and provide advice, information, and support to each other.