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:
- Termination benefits expected to be settled in the short-term will be measured like short-term employee benefits
- Termination benefits expected to be settled in the long-term will be measured like long-term employee benefits
- 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
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.
Similar Questions
Termination benefits that are enhancements to postemployment benefits will be measured like post-employment benefits. true or false
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The benefits, other than termination benefits, which are payable within twelve months period from the end of the year in which the employee has provided the services are termed as:*1 pointShort-term employee benefitsTermination benefitsPost-employment benefitsOther long-term employee benefi
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