Sweden's "Use It or Lose It" Paid Parental Leave Policy

question 20

Multiple Choice

Sweden's "use it or lose it" paid parental leave policy encourages greater participation of fathers in caring for newborn children by __________.

• A) disallowing fathers to transfer their paid leave days to their female partners
• B) giving fathers more days of paid leave than mothers
• C) disallowing paid leave for parents of adopted children
• D) rewarding fathers with cash incentives to leave employment altogether

---

Definitions:

Intangible Assets

Assets having no physical substance (such as patents or franchises).

Current Assets

Assets that are expected to be converted into cash, sold, or consumed during the next 12 months or within the business's normal operating cycle if longer.

Prepaid Insurance

A current asset account that represents the amount of insurance premiums paid in advance for coverage extending beyond the current accounting period.

Accounts Payable

Amounts a company owes because it purchased goods or services on credit from a supplier or vendor.