Question 5 1 pts If one of the following conditions exists, an employer is required to accrue a liability for sick pay? Sick pay benefits vest. Sick pay benefits accumulate. Sick pay benefits can be reasonably estimated and are expected to be paid within the next year. Sick pay benefits equal 100% of the pay. Question 6 1 pts One of the following statements is false? O FICA taxes withheld from employees' payroll checks should never be recorded as a liability since the employer will eventually remit the amounts withheld to the appropriate taxing authority. O A company may exclude a short-term obligation from current liabilities if the company has a contractual right to defer settlement of the liability for at least one year after the balance sheet date. Cash dividends should be recorded as a liability when they are declared by the board of directors. O A zero-interest-bearing note does not explicitly state an interest rate on the face of the