While Formal Written Warnings Are Provided Too Late to Salvage

question 7

True/False

While formal written warnings are provided too late to salvage an employee's performance and position at the company, they are useful in court proceedings.

---

Definitions:

Days' Sales

A financial metric measuring the number of days it takes for a company to convert its inventory into sales.

Raw Materials Used

The basic substances in their natural, modified, or semi-processed state used as inputs for production.

Average Inventory

The mean value of inventory within a certain period, calculated by adding the beginning inventory and ending inventory and dividing by two.

Direct Labor

The labor cost directly associated with the production of goods, including wages for workers who physically convert materials into the finished product.