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IAS 19 - Employee benefit. Hoping for answers b. KNIU))1111 c. RM20 million d. RM55 million QUESTIONS 1. An entity has 20 employees and each
IAS 19 - Employee benefit. Hoping for answers
b. KNIU))1111 c. RM20 million d. RM55 million QUESTIONS 1. An entity has 20 employees and each one is entitled to 30 days of annual paid vacation leave. Unconsumed leave of up to 5 days per annum can be carried forward to the next year. The annual leave brought forward must be consumed in the next year. However, in each year the employee can Employee Benefits only enjoy the current years entitlement before taking the annual leave brought forward. In year x2, the average unused leave is 5 days per employee and from past experience only 15 employees will take 35 days of leave each and the rest will take 30 days each. Assume that each employee earns RM120 per day. Required Calculate the amount of liability at the end of year x2. es will receiStep by Step Solution
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