Question: Question 5 1 points Save Answer Al Khor Company has 500 employees. Company policy states that employees can take up to 2 weeks paid vacation
Question 5 1 points Save Answer Al Khor Company has 500 employees. Company policy states that employees can take up to 2 weeks paid vacation during the year. The pay rate per week is QAR 4,000. Vacations that are not taken during the current year can be taken in the following year. The company prefers that all vacations be taken during the month of December. At the end of December 2019, company records show that 250 employees took the 2-week vacation while 80 employees took only 1-week vacation. The compant paid the amounts for December 2019 and recorded the amounts of the unpaid vacations, which will be taken in the following year. How much the amount of "Liability - Compensated future absence" that Al Khor Company should report? A QAR 2,320,000 B. QAR 1.680.000, C. QAR 2,080,000. D.QAR 880,000
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