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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Definitions:

Uninucleated

Having only one nucleus per cell, characteristic of most human cells except for certain muscle cells and some fungi.

Striated

Having a striped appearance, often referring to skeletal muscle tissue characterized by cross-stripes.

Skeletal Muscle

Muscle tissue that is attached to bones and is responsible for voluntary movements of the body.

Voluntary

Actions or movements that are under conscious control, often referring to the contraction of skeletal muscles.