What is the total amount that was disclosed as compensation to key management personnel for the parent company of LBP Co. in 2014?
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- Multiple Choice The process of assigning the cost of postretirement benefits to the years during which those benefits are assumed to be earned by employees is called: Restitution. Retribution. Attribution. Submitted Assignation 8/10 Total points awardedExplain The various employee benefits in an organization: 1-Social Security : 2-Workers' Compensation: 3- Unemployment: 4-FamilyAbsolute pay levels serve employee social and self-esteem needs. Question 13 options: True False
- List the factors affecting Employee compensation plan ?Explain Employee benefit plans.22 What must an employer disclose in a defined contribution plan? The amount to be paid by the employees The basis for determining payments to fund The basis for determining benefits paid out The amount to be paid out NEXT > BOOKMARK D
- When the employee bears the entire costs of discretionary benefits it is referred to as which type of financing? Select one: a. Contributory b. Noncontributory c. Employee-focused d. Employee-financedEmployee benefits given by an employer to an employee may be recognized by the employer as I.Asset II. Liability IIIEquity IV. Income V. Expense II, V I, II, III, V I, II, III, IV, V I, II, VWrite the definition, recognition, measurement important key points and disclosure if any in the chart above provided for Employee Benefits PAS 19
- Which one of the following increases the labour costs to an entity? Select one: O A. Productivity bonus O B. Employee deduction for trade union membership O C. Income tax O D. Employee contribution to pension fund Clear my choiceEmployee benefitsVested benefits a. Usually require a certain minimum number of years of service b. Are those that the employee is entitled to receive even if fired c. Are not contingent upon conditional service under the plan d. Are defined by all of the above statements