How would categorise the amount paid to the ceo

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B Ltd entered into an agreement with its long-term CEO. In terms of the agreement, the CEO will vacate his position, effective on 28 February 2020. On this date, the CEO will no longer be entitled to his normal salary. He will however be entitled to an allowance of R45 000 per month for a period of 6 months provided he does not render his services to any other employer during that period.

(1) Short-term employee benefits

(3) Other long-term benefits

(4) Termination benefits

(5) Equity compensation benefits

With regards to Employee Benefits Relevant Info:Answer options:

Problem 1: Post-employment benefits, how would categorise the amount paid to the CEO during the 1 March 2020 - 31 August 2020 period?

Reference no: EM132935095

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