Various Federal and State Laws Govern How Employers Acquire and Use

question 76

Essay

Various federal and state laws govern how employers acquire and use applicants' and employees' background information. What four steps are necessary for an employer to comply with these laws?

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Definitions:

Cost of Goods Manufactured

The total production cost of goods that are completed and ready for sale during a specific accounting period, including the costs of raw materials, labor, and overhead.

Manufacturing Operations

Processes and activities involved in converting raw materials into finished products, including production planning, assembly, and quality control.

Production Activity

Activities involved in the creation of goods or services, including material selection, manufacturing, and quality control.

Work in Process Inventory

Inventory that includes goods that are in the production process but are not yet completed.