Which of the Following Statements About Early Retirement Is Most

question 138

Multiple Choice

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

• A)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.
• B)Traditional early retirement plans are no longer legal because they represent age discrimination.
• C)An advantage of early retirement as a method of downsizing is that early retirement offers increase the morale of remaining workers.
• D)Federal law requires firms to offer early retirement benefits to any worker who voluntarily offers to retire before the age of 60.

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Definitions:

Company Finance

Refers to the financial activities related to running a company, focusing on maximizing shareholder value through long-term and short-term financial planning and the implementation of various strategies.

Horizontal Analysis

An analytical technique in financial statement analysis where an item or line is compared over multiple periods to identify trends or patterns.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, presented in a structured manner.

Percentage Analysis

A financial analysis tool that expresses each item within a financial statement as a percent of a base item, facilitating comparison.