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s per IAS 19, which of the measurement criteria for termination benefits is correct: 1. Termination benefits expected to be settled in the short-term will be measured like short-term employee benefits 2. Termination benefits expected to be settled in the long-term will be measured like long-term employee benefits 3. Termination benefits that are enhancements to postemployment benefits will be measured like post-employment benefits Question 8Select one: a. 1 and 3 only b. None of the above c. 2 and 3 only d. 1 and 2 only e. 1, 2 and 3

Question

s per IAS 19, which of the measurement criteria for termination benefits is correct:

  1. Termination benefits expected to be settled in the short-term will be measured like short-term employee benefits
  2. Termination benefits expected to be settled in the long-term will be measured like long-term employee benefits
  3. Termination benefits that are enhancements to postemployment benefits will be measured like post-employment benefits

Question 8Select one:

a. 1 and 3 only

b. None of the above

c. 2 and 3 only

d. 1 and 2 only

e. 1, 2 and 3

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Solution

The correct answer is a. 1 and 3 only. According to IAS 19, termination benefits that are expected to be settled in the short-term are measured like short-term employee benefits and termination benefits that are enhancements to postemployment benefits are measured like post-employment benefits. The statement that termination benefits expected to be settled in the long-term will be measured like long-term employee benefits is incorrect.

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