The Usual Minimum Reasonable Notice for a Monthly Hiring Is

question 38

Multiple Choice

The usual minimum reasonable notice for a monthly hiring is

• A)one month's notice.
• B)no notice.
• C)two weeks' notice.
• D)one week's notice.
• E)one day's notice.

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Definitions:

Accrual Accounting

An accounting method where revenue and expenses are recorded when they are earned or incurred, regardless of when cash is exchanged.

Rent Expense

The cost incurred by a company to lease property or equipment for business operations, reported as an operating expense.

Unearned Revenues

Money received by a company for a product or service that has yet to be delivered or performed.

Liabilities

Financial obligations or debts owed by a company to creditors, expected to be paid in the future.