Why are all compensated absences accrued as long as the obligation for future payment is due to

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Why are all compensated absences accrued as long as the obligation for future payment is due to services already performed by the employee and the benefits to be paid vest? .

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Intermediate Accounting

ISBN: 978-0132162302

1st edition

Authors: Elizabeth A. Gordon, Jana S. Raedy, Alexander J. Sannella

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Question Posted: Nov 24, 2015 05:09 AM

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Why are all compensated absences accrued as long as the obligation for future payment is due to

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There are four conditions that must be met to record a liability for future paid ab...View the full answer

Intermediate Accounting

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