Total Payroll for a Given Week Is $24,000

question 39

Multiple Choice

Total payroll for a given week is $24,000.If 70 percent of the company's employees typically qualify to receive two weeks' paid vacation per year,assuming 50 working weeks,the entry to record the estimated liability for vacation pay for the week is:

• A) Estimated Liability for Vacation Pay 1,680
• Cash 1,680
• B) Vacation Pay Expense 960
• Cash 960
• C) Vacation Pay Expense 672
• Estimated Liability for Vacation Pay 672
• D) Cash 336
• Estimated Liability for Vacation Pay 336

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Definitions:

Perinatal Mortality

The death of a fetus or an infant during the period shortly before or after birth.

Home Births

The practice of giving birth to a child in a non-clinical setting, typically in one's own home, with the assistance of a midwife or doula.

Neurological Scores

Quantitative assessments used to measure and evaluate neurological function.

Natural Childbirth

An approach to birth that reduces pain through the use of breathing and relaxation exercises.