IAS 19 Adopts Which Method to Determining Long Service Leave

question 7

Multiple Choice

IAS 19 adopts which method to determining long service leave obligations?

• A) units of production method
• B) the actuarial method
• C) the bi-nominal method
• D) projected unit credit method

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Definitions:

Primary

Referring to something that is first in order, importance, or rank.

Secondary Reinforcers

Reinforcements that are learned through association with primary reinforcers and are not necessarily satisfying by themselves (e.g., praise, money).

Thorndike

An American psychologist known for his work in the field of learning theory that lead to the development of operant conditioning within behaviorism.

Reinforcement

A process in operant conditioning where a behavior is encouraged or strengthened by a consequence that follows it.