During the first year of operations, employees earned vacation pay of $35,000. The vacations will be taken during the second year. The vacation pay expense should be recorded in the second year as the vacations are taken by the employees

Indicate whether the statement is true or false


False

Business

You might also like to view...

Technological expertise is an input into the market plan that is provided by the ________

department. A) professional services B) operations C) finance D) engineering

Business

______ should be fair, unbiased, appropriate, and from a recognized expert.

a. Testimony b. Example c. Narrative d. Fact

Business

Loading Ramps Plus Inc contracts to sell sixteen aluminum loading ramps to Moving Services, Inc Loading Ramps ships the ramps, which Moving Services accepts but does not pay for. Loading Ramps can? A)?sue to recover the purchase price plus incidental damages

B)?sue to recover the purchase price minus incidental damages. C)?resell the ramps to any buyer willing to reclaim them from Moving Services. D)?require Moving Services to revoke its acceptance of the ramps.

Business

Reservists who experience a drop in income may be able to access retirement accounts without a tax penalty

Indicate whether the statement is true or false

Business