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In Relation to Long-Service Leave How Many of These Statements \bullet

Question 47

Multiple Choice

In relation to long-service leave how many of these statements are untrue?
\bullet The entry to accrue long-service leave is a debit to long-service leave expense and a credit to provision for long-service leave.
\bullet The leave is paid at the rate of pay applicable when the leave is taken.
\bullet Employees only starts to accrue long service leave after being employed for a predetermined length of time (often 10 years) .


A) 0
B) 1
C) 2
D) 3

Correct Answer:

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