What Is a Key Objective for Employers in Using a Peer-Review

question 82

Multiple Choice

What is a key objective for employers in using a peer-review process in disciplinary cases with employees?

• A) to avoid costs incurred in court cases
• B) to help train HR managers for tribunal hearings
• C) to get evidence for the courts in the event that dismissals are challenged by employees
• D) to give employees a sense of justice

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Definitions:

Times-Interest-Earned Ratio

This financial metric measures a company's ability to meet its debt obligations based on its current income, calculated by dividing earnings before interest and taxes (EBIT) by interest expenses.

Net Increase

The difference between the current period's value and the previous period's value when the current period's value is greater than the previous one.

Decrease in Cash

A reduction in the amount of cash held by a company, often reflected in its cash flow statement.

P/E Ratio

A valuation metric for a stock, calculated as the current market price per share divided by its earnings per share.