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CMA Intermediate · Corporate Accounting and Auditing · Employee Benefits (Ind AS 19)

For Appendix B of Ind AS 19, what is meant by 'minimum funding requirements'?

For Appendix B, minimum funding requirements are any requirements to fund a post-employment or other long-term defined benefit plan. They are not about minimum wages, short-term settlement timing or share issues to employees.

  1. AAny requirements to fund a post-employment or other long-term defined benefit planCorrect
  2. BAny requirement to pay employees a minimum wage
  3. CAny requirement to settle short-term benefits within twelve months
  4. DAny requirement to issue shares to employees at a minimum price

Explanation

For the purpose of Appendix B, minimum funding requirements are any requirements to fund a post-employment or other long-term defined benefit plan. The other options relate to wages, short-term settlement or share issues, none of which is the stated meaning.

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