Which of the following statements is false? Social security taxes and income taxes withheld are not expenses of the employer. O Profit-Sharing Bonus Payable is usually reported as a long-term liability. The liability for compensated absences should be recognized in the year earned. O When rights are vested, an employer has an obligation to make payment to an employee. Which is the most common form of auditor's report? Unmodified opinion Qualified opinion O Modified opinion Adverse opinion If there is a lack of conformity with IFRS, but except for the effects of that nonconformity, the financial statements are fairly presented, what type of opinion is required? O Qualified opinion. O A disclaimer of an opinion. Unqualified opinion. O Adverse opinion. Which of the following disclosures of pension plan information is normally not required by IAS 19? The funded status of the plan and the amounts recognized in the financial statements The rates used in measuring the benefit amounts The salaries and wages paid to employees covered by the pension plan The major components of pension expense