IME, the child in manic's second example is far more likely to be excluded from any 100% attendance award or party than to receive recognition.
Yup. Those are the kids that should be getting a bloody great big helping hand and some recognition for their achievements. 100% attendance is almost certainly not going to be of those achievements.
Recently we have had absences for:
illness, medical appts, doctors appts, religious occasions, family parties, family holidays, alton towers, being tired, looking round future schools, christmas shopping, needing some chill out time, going to watch the rugby/football/cricket, competing in sport/drama/music, going to London, going to the theatre
Ha ha they are all good reasons for a primary age kid to have a day off. Well, maybe not the being tired one but depends of its 'tired and a bit illl and manky' or just 'fancied a lie in'.