Free Worldatwork T7 Exam Actual Questions

The questions for T7 were last updated On Mar 25, 2025

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Question No. 1

Current assets comprise assets that can be converted to cash. They must be converted within what time period?

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Correct Answer: B

Question No. 2

Employee benefits provided in exchange for the end of an employee's employment are considered what kind of benefits?

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Correct Answer: C

Question No. 3

What is the term that describes the outflows of assets or incurring of liabilities during a period as a result of delivering or producing goods and/or rendering services?

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Correct Answer: D

Question No. 4

When does a present obligation exist?

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Correct Answer: B

Question No. 5

Predictive value is an ingredient of which of the following fundamental characteristics of information?

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Correct Answer: C