Listed below are five terms followed by a list of phrases that describe or characterize each of the terms with respect to accounting under IFRS.Match each phrase with the number for the correct term.
Definitions:
Safety And Security
The condition of being protected from or unlikely to cause danger, risk, or injury.
Pension Plan
A financial arrangement designed to provide individuals with an income during retirement, usually through contributions made during their working years.
Seniority System
A workplace policy where decisions regarding promotions, layoffs, and other job-related matters are made based on an employee's length of service.
Self-motivated
Having the inner drive or initiative to pursue goals or tasks without external encouragement or pressure.
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