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pensions lec 1

Forums › Ask ACCA Tutor Forums › Ask the Tutor ACCA SBR Exams › pensions lec 1

  • This topic has 1 reply, 2 voices, and was last updated 3 years ago by Stephen Widberg.
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  • July 13, 2021 at 12:50 pm #627612
    Jiya024
    Member
    • Topics: 168
    • Replies: 56
    • ☆☆☆

    professor in your video lecture on pensions you say that service cost for an employee working at the factory for 5 years will be less than for an employee working at the factory fro 6 years, can you explain why so?

    this is just a question out of curiosity if you don’t mind answering…

    July 14, 2021 at 7:09 am #627664
    Stephen Widberg
    Keymaster
    • Topics: 16
    • Replies: 3411
    • ☆☆☆☆☆

    I probably meant that the liability will be greater for 6 years because 6 years of service cost will have built up

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