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Actuarial Standard
of Practice
No. 44Selection and Use of Asset Valuation Methods
for Pension ValuationsDeveloped by the
Pension Committee of the
Actuarial Standards BoardAdopted by the
Actuarial
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What is selection and use of?
Selection and use of refers to the process of choosing and utilizing resources or tools.
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Individuals or entities who are designated or responsible for making decisions related to resource allocation are required to file selection and use of.
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Selection and use of can be filled out by providing detailed information about the resources chosen, the reasons for selection, and how they will be utilized.
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The purpose of selection and use of is to ensure that resources are chosen wisely and utilized effectively to achieve the desired outcomes.
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Information such as the name of the resource, the purpose of selection, the criteria for use, and any expected outcomes must be reported on selection and use of.
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