In Accordance with AASB 124, the Categories of Compensation to Key

question 47

Multiple Choice

In accordance with AASB 124, the categories of compensation to key management personnel required to be disclosed include:

• A) Short-term employee benefits.
• B)Post-employment benefits
• C) Long-term loans.
• D)All of the given answers and short-term employee benefits.
• E)Post-employment benefits.

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Definitions:

Community Relations

The practice of managing and building positive relationships between an organization and the communities in which it operates, works, or has an impact.

Graffiti

Artistic expressions or messages that are written, drawn, or sprayed illicitly on public walls and other surfaces.

Vandalism

is the action involving deliberate destruction of or damage to public or private property.

Baking Class

A course or workshop that focuses on teaching participants the art and skills of baking, including techniques for making various types of bread, pastries, and desserts.