Question: A liability for compensated absences such as vacations, for which it is expected that employees will be paid, should Not be accrued unless a written

A liability for compensated absences such as vacations, for which it is expected that employees will be paid, should

Not be accrued unless a written contractual obligation exists

Be accrued during the period when earned

be accrued during the period following vesting

be accrued during the period when the compensated time is expected to be used by employees

Demographic assumptions deals with the following except

future medical cost

early retirement

claim rates under medical plan

rate of employee turn over

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