An Employee Dismissal That Does Not Comply with the Law

question 24

Multiple Choice

An employee dismissal that does not comply with the law or does not comply with a written or implied contractual arrangement is referred to as

• A)firing an employee.
• B)furloughing an employee.
• C)"at will"termination.
• D)wrongful dismissal.
• E)a contract violation.

---

Definitions:

IFRS And ASPE

International Financial Reporting Standards and Accounting Standards for Private Enterprises are guidelines for financial accounting.

Equity Method

The equity method is an accounting technique used by a company to record its investment in another company when it has significant influence but not full control, typically between 20% and 50% ownership.

Significantly Influenced

A condition where an investor has a considerable but not controlling interest in another company, able to affect its policies without direct control.

Non-Strategic Investments

Investments made without a long-term plan or alignment with the core goals of an investor or organization.