What conditions must exist for a company to accrue a compensated absence?
Compensated absences represent a liability to the company if the following conditions exist.
Back To All Questions
You might also be interested in... What is a compensated absence?
A compensated absence is when the employee is compensated for “time-off”. Examples of compensated absences include vacation days, sick days, and national holidays.
What is a compensated absence?
A compensated absence is when the employee is compensated for “time-off”. Examples of compensated absences include vacation days, sick days, and national holidays.
