You Are an Employee Who Believes That Your Privacy Rights

question 17

Multiple Choice

You are an employee who believes that your privacy rights have been violated. Which of the following is not true?

• A) You may be entitled to privacy protection under provincial privacy legislation.
• B) Your employer may have business requirements that permit the breach of privacy.
• C) The violation may be justified if considered reasonable.
• D) You are entitled to compensation for any harm you believe has been caused.
• E) The firm will need to demonstrate that the breach was reasonable.

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Definitions:

Perpetual Inventory System

A financial recording approach that instantly logs inventory transactions upon sale or purchase using electronic point-of-sale systems and enterprise resource planning software.

LIFO

Last In, First Out, an inventory valuation method that assumes the goods most recently made or purchased are the first to be sold.

Ending Inventory

The total value of goods available for sale at the end of an accounting period, calculated by adding purchases to beginning inventory and then subtracting the cost of goods sold.

LIFO Perpetual Cost Flow

A method of inventory valuation where the last items added to inventory are the first ones considered sold under a perpetual inventory tracking system.