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Question regarding IAS19 Employee Benefits (Kaplan)

Forums › ACCA Forums › ACCA SBR Strategic Business Reporting Forums › Question regarding IAS19 Employee Benefits (Kaplan)

  • This topic has 0 replies, 1 voice, and was last updated 2 years ago by uzzy0121.
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  • January 29, 2023 at 10:31 pm #677608
    uzzy0121
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    • Topics: 16
    • Replies: 7
    • ☆

    I was doing a Kaplan exam question using the exam kit (Question 41c), but I am struggling to understand a calculation in the answer.

    It says “”the net interest component would be calculated as $1,020,000 (($900,000 x 8/12) + (3.5% x $36m x 4/12))””

    I understand the figures but I don’t understand where the $900,000 is from, because the question has a figure of $9,000,000. Could someone explain, or is there a typo in the answer?

    Thanks.

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