Question: In accounting for compensated absences , the difference hetween vested rights and accumulated rights is that: vested rights are normally for a longer period of

In accounting for compensated absences, the difference hetween vested rights and accumulated rights is
that:
vested rights are normally for a longer period of employment than are accumulated rights.
vested rights are not contingent on the employee's future service.
vested rights are a legal and binding obligation of the company; accumulated rights expire at
the end of the accounting period in which they arose.
vested rights carry a stipulated dollar amount that is owed to the employee; accumulated rights
do not represent monetary compensation.
In accounting for compensated absences, the difference hetween vested rights and

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