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.
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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.