CERTYNEX IFRS ACADEMY

What do the discount rates used for the cash flows of a group of insurance contracts reflect? More than one answer is possible.

The time value of money.

The characteristics of the group's cash flows.

The accounting profit of the year, so as to smooth the rate from one period to the next.

The expected return on the assets that the entity chooses to hold to back the liability.

The liquidity of the contracts.