Accrued payroll includes such liabilities as retirement and health benefits not yet paid.

Name: Accrued payroll includes such liabilities as retirement and health benefits not yet paid.
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Question

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Accrued payroll refers to wages, salaries, commissions, bonuses, and benefits earned by employees but not yet paid. This includes liabilities such as retirement and health benefits that have been earned by employees but have not yet been paid out.

Accrued Payroll Includes Such Liabilities as Retirement and Health Benefits