CERTYNEX IFRS ACADEMY

Orvale SA grants several benefits to its employees. Which of these pairings of a benefit with its employee-benefit category is correct?

The supplementary pension plan, funded by monthly payments from the employer to an outside body, is a short-term employee benefit.

The payment offered to employees who agree to leave the entity before retirement age is a termination benefit.

The thirteenth-month salary paid in December for the year's services is a post-employment benefit.

The seniority bonus paid every five years is a short-term benefit, because it is paid in cash.