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Answer:
An employer is required to accrue a liability for employee's right to receive compensation for future absences when certain conditions are met and as a result it makes it a requirement for a liability to be accrued for vacation benefits that employees have earned but have not yet taken.
In the given case, employer offers each of its 50 employees 20 vacation days per year. As of January, each employee has earned 1.5 days. The Vacation days which are unused at the end of the year may be carried forward to the next year. There is no anticipation of any forfeitures.
Therefore employer must record a liability for employees vacation days earned so far for presenting true and fair view of the financial statements.
Answer: single; quantitative
Explanation:
The discounted cash flow analysis is a method that is used to determine the value of a project, security, or assets by using time value of money.
The discounted cash flow analysis is used in real estate, investment finance, patent valuation etc. A modified DCF analysis is best for evaluating and selecting the optimal strategic alternative when a company has single goal(s) and quantitative measures.
The inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.
<h3>What is an inference?</h3>
It should be noted that an inference simply means the conclusion that can be deduced from the information given.
In this case, the inference illustrates that the true statement about comparative intelligence is that it compares a plantiffs fault with a defendant's and reduces the damage award proportionally.
Learn more about inference on:
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