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Which of the Following Is a Condition for Accruing a Liability

Question 164

Multiple Choice

Which of the following is a condition for accruing a liability for the cost of compensation for future absences?


A) The obligation relates to the rights that vest or accumulate.
B) Payment of the compensation is probable.
C) The obligation is attributable to employee services already performed.
D) All of these are conditions for the accrual.

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