Under AASB 119,non-monetary benefits paid to employees are measured by the employer at:

Question

Quizplus · Accepted Answer

According to AASB 119, non-monetary benefits paid to employees should be measured by the net marginal cost to the employer. This means that the employer should measure the cost of providing the benefit, taking into account any cost savings or reduced expenses that result from providing the benefit. This net cost measurement is intended to provide a fair estimate of the overall cost to the employer of providing the benefit. Options A and C are not correct as replacement cost and market cost may not accurately reflect the overall cost to the employer. Option D is incorrect as there is a specific measurement requirement for non-monetary benefits under AASB 119.

Under AASB 119,non-Monetary Benefits Paid to Employees Are Measured by the Employer