Why can''t vacation pay and regular pay be combined

Reference no: EM131090522

1. Why does it make a difference if liabilities are divided properly between current and long-term liabilities? What is the current operating cycle again, and why can't we just always use one year?

2. Why can't vacation pay and regular pay be combined?

3. Is the cost of product warranties going up or down now on a company's books?

Reference no: EM131090522

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