Which of the Following Is NOT an Advantage of Using

question 16

Multiple Choice

Which of the following is NOT an advantage of using Instant Messaging?

• A) increased access to information
• B) access to detailed records
• C) avoiding playing phone tag
• D) communicating with several people at once

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Definitions:

AASB 119

The Australian Accounting Standards Board standard which outlines the accounting requirements for employee benefits, including wages, salaries, and pension plans.

Defined Benefit Post-Employment Fund

A pension plan where the benefits that an employee will receive upon retirement are defined in advance.

Remeasurements

Accounting adjustments made to reflect changes in the fair value of certain assets or liabilities.

Net Defined Benefit Liability

The difference between the total amount of pension benefits promised to employees and the actual funds set aside in the pension fund to meet those liabilities.