medium10 pts · first answer countspayroll-processinggratuitypayroll-accounting

Booking the gratuity liability

At year end, how do most companies following Ind AS 19 or AS 15 measure their gratuity liability in the accounts?

A.Through an actuarial valuation using the projected unit credit methodB.By paying gratuity to all employees in advance every MarchC.By multiplying headcount by a fixed ₹10,000D.By recording nothing until an employee actually leaves

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Booking the gratuity liability

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