Non-accumulating rights to benefits, such as parental leave, are generally accounted for by
A) the full accrual method.
B) the event accrual method.
C) the cash method.
D) financial statement note disclosure only.

Question

Quizplus · Accepted Answer

The event accrual method is used for non-accumulating rights, recognizing the expense when the event (e.g., parental leave) occurs.

Non-Accumulating Rights to Benefits, Such as Parental Leave, Are Generally