Under the Employment-At-Will Concept, Who Can Terminate the Employment Relationship

question 24

Multiple Choice

Under the employment-at-will concept, who can terminate the employment relationship?

• A) employers or the government
• B) employees, unions, or employers
• C) employees or the government
• D) employees or employers

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Definitions:

Accounting Records

Documents that businesses use to track their financial transactions and maintain financial accountability.

Journal

A record where all financial transactions are initially noted before they are posted to individual accounts in the ledger.

Revenues

The total amount of money received by a company for goods sold or services provided during a specific period.

Net Income

The remaining profit of a company after it has paid all operational expenses and taxes from its revenue.