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To Properly Recognize the Expense Associated with Compensated Absences, a Company

Question 22

Multiple Choice

To properly recognize the expense associated with compensated absences, a company should


A) Expense these obligations in the period the employee is absent
B) Estimate and expense these obligations when a new employee is hired
C) Estimate and expense these obligations in the period that the employee earns those days
D) Not recognize any expense for compensated absences

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