Which of the Following Statements About Disclaimers Is False

question 37

Multiple Choice

Which of the following statements about disclaimers is false?

• A) They can appear in almost any written documents made available to job applicants or employees.
• B) They can be used to limit employee rights.
• C) They are never oral.
• D) Their receipt by employees should be acknowledged in some formal way.

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Definitions:

After-Tax Discount

A reduction in the price of an item or service that is applied after calculating taxes.

Straight-Line Depreciation

A method of allocating the cost of a tangible asset over its useful life uniformly.

After-Tax Discount

The reduction or deduction from the gross amount on which tax has already been calculated and deducted.

Working Capital

The gap between a firm's current assets and its current liabilities, signifying the available liquidity for operating its business activities.