Use the Following Information for Questions

question 7

Multiple Choice

Use the following information for questions.
Vargas Company has 35 employees who work 8-hour days and are paid hourly.On January 1, 2010, the company began a program of granting its employees 10 days of paid vacation each year.Vacation days earned in 2010 may first be taken on January 1, 2011.Information relative to these employees is as follows:
Vargas has chosen to accrue the liability for compensated absences at the current rates of pay in effect when the compensated time is earned.
-What is the amount of the accrued liability for compensated absences that should be reported at December 31, 2012?

• A)$94,920.
• B)$90,720.
• C)$79,800.
• D)$95,760.

Understand the role of personal branding in attracting customers.

Understand the importance of timely response to customer interactions on social media platforms.

Understand the various legal structures available for businesses and their formation process.

Identify the implications of different legal structures on taxation and liability.

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Definitions:

Open-source

Software for which the original source code is made freely available and may be redistributed and modified.

Manual Loading

The physical action of loading goods or materials by hand without the use of automated machinery or technology.

Rapid Pace

Describes a situation or process that is moving or happening very quickly or in a short time span.

Web-based Improvements

Enhancements or upgrades made to websites or online services to improve user experience and functionality.