Which of the Following Requires Employers to Provide 60 Days

question 31

Multiple Choice

Which of the following requires employers to provide 60 days notice before a facility closing or mass layoff?

• A)Equal Pay Act
• B)Family and Medical Leave Act
• C)Civil Rights Act
• D)Worker Readjustment and Retraining

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Definitions:

Purchases Returns and Allowances

Transactions where a buyer returns goods to the supplier or receives a reduction in the purchase price, reducing the amount owed to the supplier.

Merchandise Inventory

The goods a company holds for the purpose of selling to customers.

Periodic Inventory System

A method of tracking inventory where physical counts are conducted at certain intervals to determine the level of inventory and the cost of goods sold.

Cost of Sale

The direct costs attributed to the production of the goods sold by a company.