Answer:
1. due to be settles within 12 months after the end of the period
Example: Salaries, Wages, SSS, PhilHealth, PAG-IBIG
2. benefits na matatanggap matapos magtrabaho
Example: Retirement Benefits, Life INsurance
Answer:
1. Short-term employee benefits are offered to employees within the current 12-month period.
Ex. Social Security System ( SSS )
2. Are the benefits which will need to be paid after the employee has completed his/her employment.
Ex. retirement benefits, post-employment life insurance and post-employment medical care
