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- IAS 19 – Employee Benefits 0%
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Question 1 of 10
1. Question
Net interest on the net defined benefit liability is the change during the period in __________ that arises from __________.
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Question 2 of 10
2. Question
Remeasurements of the net defined benefit liability comprise:
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Question 3 of 10
3. Question
Actuarial gains and losses are changes in the present value of the defined benefit obligation resulting from:
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Question 4 of 10
4. Question
An entity needs to reclassify a short-term employee benefit if the entity’s expectations of the timing of settlement change temporarily.
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Question 5 of 10
5. Question
An entity shall measure the expected cost of accumulating paid absences as the additional amount that the entity expects to pay as a result of the unused entitlement that has accumulated at the end of the reporting period.
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Question 6 of 10
6. Question
Under which of the following circumstances does “present obligation” exist?
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Question 7 of 10
7. Question
A profit-sharing plan requires an entity to pay a specified proportion of its profit for the year to employees who serve throughout the year. If no employees leave during the year, the total profit-sharing payments for the year will be 3 per cent of profit. The entity estimates that staff turnover will reduce the payments to 2.5 per cent of profit. Which of the following statements is true regarding the amount of a liability and an expense that an entity shall recognise?
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Question 8 of 10
8. Question
Under which of the following circumstances can an entity make a reliable estimate of its legal or constructive obligation under a profit-sharing or bonus plan?
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Question 9 of 10
9. Question
An obligation under profit-sharing and bonus plans results from __________.
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Question 10 of 10
10. Question
Post-employment benefit plans are classified as either defined contribution plans or defined benefit plans.
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