Question 9The following employee benefits fall under MFRS 119 except forAnswer :Short term employee benefits  Post employement benefits   Equity compensation benefits  Termination benefit

The question is asking which of the listed employee benefits does not fall under MFRS 119. The options given are:

1. Short term employee benefits
2. Post employment benefits
3. Equity compensation benefits
4. Termination benefit

To answer this question, we need to understand what MFRS 119 covers. MFRS 119 is a Malaysian Financial Reporting Standard that deals with accounting for employee benefits.

1. Short term employee benefits: These are benefits that are expected to be settled within 12 months after the end of the period in which the employees render the related service. They include items such as wages, salaries, social security contributions, short-term compensated absences, profit-sharing and bonuses. These are covered under MFRS 119.

2. Post employment benefits: These are benefits that are provided to employees after the completion of employment. They include items such as retirement benefits (pensions), and other post employment benefits like post employment life insurance and post employment medical care. These are also covered under MFRS 119.

3. Equity compensation benefits: These are typically share-based payment transactions, in which an entity receives goods or services as consideration for equity instruments of the entity. This is not covered under MFRS 119, but instead is covered under MFRS 2 Share-based Payment.

4. Termination benefits: These are benefits provided to employees in connection with the termination of their employment. They are also covered under MFRS 119.

So, the answer to the question is "Equity compensation benefits".