An entity is required to make several estimates when measuring the liability for long service leave. These estimates include:

A) the number of employees expected to become eligible for long service leave.
B) the projected wages and salaries at the time the long service leave is expected to be paid.
C) when the leave will be taken by eligible employees.
D) all of the above.

Long Service Leave

An employee benefit that grants extended paid leave for those who have been employed for a long period with the same employer.

Projected Wages

An estimate of future wage payments based on current contracts, salary trends, and other factors affecting compensation over a defined period.

Eligible Employees

Employees who meet certain criteria set by their employer or legal guidelines, making them qualified for specific benefits or programs.