Which statement best describes why actuaries should be familiar with the Discounting note?

Which statement best describes why actuaries should be familiar with the Discounting note?

• A. Different companies use different discounting practices, affecting comparisons
• B. The use of non-tabular discounts may signal regulator solvency concerns
• C. The actuary has to disclose & describe discounting in the SAO
• D. All of the above

Answer: (D)