An Important Consideration in Evaluating the Fairness of the Amounts

Multiple Choice

An important consideration in evaluating the fairness of the amounts accrued for vacation pay,sick pay,and other benefits is the

A) consistent accrual of these liabilities relative to those of the preceding year.
B) actual expense incurred for the prior period.
C) amount expended to date in the current period.
D) profitability of the client,which will enable these liabilities to be met.