Listed Below Are Six Terms Followed by a List of Phrases

question 83

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.
-Discount rate

• 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:

External Support

Assistance or backing provided by entities or individuals outside of one's self or immediate environment.

Cultural Differences

The variety of distinct cultural beliefs, values, behaviors, and practices that exist among groups of people from different backgrounds.

Telephone Groups

Networks or collectives of individuals who communicate or interact primarily through phone calls.

Rural Areas

Areas that are located outside towns and cities, characterized by low population density and vast open spaces.