All of the Following Are Legally Required Benefits EXCEPT

question 68

Multiple Choice

All of the following are legally required benefits EXCEPT:

• A) paid time off.
• B) Social Security.
• C) workers' compensation.
• D) unemployment insurance.

---

Definitions:

Unrealised Profit

Profit that has been earned but not yet received in cash or recorded in the financial statements, often resulting from intra-company transactions.

Mark-up

The amount added to the cost price of goods to cover overhead and profit, determining the selling price.

Deferred Tax Asset

Financial accounting that recognizes reduced income tax in the future due to deductible temporary differences and carryforwards.