Answered: Under IAS 19 on Employee Benefits,…

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Accounting

Under IAS 19 on Employee Benefits, which of the following terms best describes other long-term employee benefits

Intermediate Accounting: Reporting And Analysis

3rd Edition

ISBN:9781337788281

Author:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Publisher:James M. Wahlen, Jefferson P. Jones, Donald Pagach

Chapter19: Accounting For Post Retirement Benefits

Section: Chapter Questions

Problem 1MC: The actuarial present value of all the benefits attributed by the pension benefit formula to...

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Question

Under IAS 19 on Employee Benefits, which of the following terms best describes other long-term employee benefits

a. Benefits not falling due wholly within twelve months of the end of the period in which the service is rendered.

b. Benefits which are payable after completion of employment

c. Benefits payable as a result of an entity's decision to end an employment before the normal retirement care.

d. Benefits which fall due within twelve months of the end of the period in which the service is rendered.

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