When an Employee Is Dismissed for Just Cause, the Employer

question 89

True/False

When an employee is dismissed for just cause, the employer need give the employee only two months' notice or the equivalent pay in lieu of that notice.

---

Definitions:

Accounts Payable Period

The average number of days it takes for a business to pay off its creditors and suppliers.

Receivables Turnover

A financial metric indicating how quickly a company collects payments from its customers, calculated as sales divided by accounts receivable.

Cash Cycle

The period between the outlay of cash for purchases and the collection of cash from customers in a business.

Inventory Turnover

A ratio showing how many times a company has sold and replaced inventory over a period.