The Following Journal Entry Shows A) an (Some) Employee(s) May Have Taken Long-Service Leave

question 65

Multiple Choice

The following journal entry shows:
$$\begin{array} { | l | l | r | r | } \hline \mathrm { Dr } & \text { Provision for long-service leave } & 2540 & \\\hline \mathrm { Cr } & \text { Cash } & & 2540 \\\hline\end{array}$$

• A) An (some) employee(s) may have taken long-service leave.
• B) An (some) employee(s) may have been paid out their long-service leave entitlement upon resignation.
• C) An employer is building up a provision account for long-service leave to enable it to account for leave taken in the future.
• D) An (some) employee(s) may have taken long-service leave and an (some) employee(s) may have been paid out their long-service leave entitlement upon resignation.

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Definitions:

Factorial Design

Factorial design is a statistical test used in experiments where there are two or more independent variables and it evaluates the effect of each, as well as the interaction between them, on the dependent variable.

Experimental Conditions

Describes the specific environments, variables, or settings manipulated by researchers in an experiment to observe their effects on the outcomes.

Factorial Design

A research strategy in experiments that evaluates the interaction between multiple factors and their combined impact on the outcome.

Repeated Measures Design

An experimental design in which the same subjects are exposed to each condition or treatment, allowing direct comparison of different treatments on the same subjects.