To reward employees who have been with the company for more than 10 years, we will increase the grant to award 0.075 hours for each hour worked and allow these employees to carryover 120 hours each year. How is this accomplished?

New Grants and Limits need to be created, associate with a new Accrual Policy which is assigned to a new Accrual Profile.
Create a new Accrual Policy with these new amounts and assign to a new Accrual Profile.
Update the existing Vacation Accrual Policy with these new amounts.
None of the above.
Correct Option - c

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