Which of the Following Statements About Early Retirement Is Most

question 243

Multiple Choice

Which of the following statements about early retirement is most accurate?

• A)Traditional early retirement plans are no longer legal because they represent age discrimination.
• B)An advantage of early retirement as a method of downsizing is that early retirement offers increase the morale of remaining workers.
• C)Federal law requires firms to offer early retirement benefits to any worker who voluntarily offers to retire before the age of 60.
• D)Workers who receive an offer for early retirement are likely to gain by refusing the firm's first offer and holding out for a better deal.

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Definitions:

Traveling By Plane

The act of moving from one place to another distant place by aircraft, commonly used for long-distance travel.

Minimum Value

The lowest value in a given set of data or the lowest point on a function's graph.

Opportunity Cost

Giving up possible rewards from different alternatives by choosing one path.

Attending Class

The act of being present at scheduled educational lessons or seminars.