In a Skill-Based Structure

question 11

Multiple Choice

In a skill-based structure:

• A)managers focus on providing training rather than promoting
• B)individuals are paid only for those certified skills that are required to perform their job
• C)employees seek promotions to earn more pay rather than enhancing their knowledge
• D)managers control costs via pay for job rather than certification
• E)employees are paid for their assigned jobs, regardless of the knowledge they possess

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Definitions:

Prospectus

An official document that a company issues to potential investors detail the offering of securities for sale, providing financial data, and disclosing risks.

Securities Act of 1933

A U.S. federal law enacted to ensure transparency and fairness in the securities market, requiring that investors receive significant information regarding securities being offered for public sale.

Due Diligence Defense

A legal defense whereby the defendant can avoid liability by proving that they took all possible steps to avoid committing an offence.

Registration Statement

A formal document filed with regulatory authorities that provides details about an investment offering for sale to the public, often associated with securities.