Which item is included as a basis for tabular discounts in the discounting notes?

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Multiple Choice

Which item is included as a basis for tabular discounts in the discounting notes?

Tabular discounts depend on the exact tables and inputs used to generate the discount factors, so the notes must specify the basis and assumptions behind those discounts. This includes which discount tables were chosen, the data or yield curves those tables are built from, and any adjustments or conversions applied. By laying out the basis and assumptions, you show how the tabular factors were derived and provide a clear path to reproduce or review them. The other points don’t describe what underlies the tabular discounts: change since prior year relates to inputs over time, whether non-tabular discounting is used is about the method, and simply noting that tabular discounting is used doesn’t explain the actual basis for the factors.

Tabular discounts depend on the exact tables and inputs used to generate the discount factors, so the notes must specify the basis and assumptions behind those discounts. This includes which discount tables were chosen, the data or yield curves those tables are built from, and any adjustments or conversions applied. By laying out the basis and assumptions, you show how the tabular factors were derived and provide a clear path to reproduce or review them. The other points don’t describe what underlies the tabular discounts: change since prior year relates to inputs over time, whether non-tabular discounting is used is about the method, and simply noting that tabular discounting is used doesn’t explain the actual basis for the factors.

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