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which of the follwoing is the reason that recording of compensated absences so important related to the proper disclosure of liabilities on the government-wide statements?

which of the follwoing is the reason that recording of compensated absences so important related to the proper disclosure

of liabilities on the government-wide statements?

a. That is GAAP

b. That is GASB.

c. Compensated absences could indicate that salary expense is properly

recorded as an accrual because the jurisdiction could either have sick pay or

vacation pay that has not been used.

d. Compensated absences will properly affect a reduction in the combined

fund balances.

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