Which of the Following Types of Employee Benefits Are Required

question 10

Multiple Choice

Which of the following types of employee benefits are required to be measured at their nominal value?

• A) long service leave
• B) defined benefit post-employment benefits
• C) accumulating non-vesting sick leave
• D) defined contribution employment benefits

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Definitions:

Output

The quantity of goods or services produced by a firm, industry, or economic system.

Under-reward Inequity

A situation in which an individual perceives that the rewards received are less than the rewards deserved for their efforts, leading to dissatisfaction.

Instrumentality

The belief that performance is directly linked to the attainment of desired outcomes or rewards.

Self-concordance

The degree to which individuals’ goals align with their personal interests and core values, leading to greater motivation and satisfaction.