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1. In the Employee Payroll Ledger, if the Retain Vacation field is checked, then: a) Vacation pay is accumulated until the employee takes a vacation.
1. In the Employee Payroll Ledger, if the "Retain Vacation" field is checked, then: a) Vacation pay is accumulated until the employee takes a vacation. b) Vacation pay is paid at the rate of 4% on each paycheque. c) Accumulated vacation time owing to the employee is held over until the next fiscal year. d) The employee is opting to earn vacation time off instead of vacation pay
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