Question: GAAP relating to compensated absences a . establishes the same aceruing standards for vacation pay, holidry pay, and sick pay. b . does bot require

GAAP relating to compensated absences
a. establishes the same aceruing standards for vacation pay, holidry pay, and sick pay.
b. does bot require the accrual of ascumulated soo-vested sick pay.
c. applies to items sach as vacation pay, severasce pay, sick pay, and oher long-term fringe benefits.
d. Fequires the use of current pay rates to accrue for compensated absences.
GAAP relating to compensated absences a .

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