Procedures Related to Hiring and Firing Are Also Known As

question 1

Multiple Choice

Procedures related to hiring and firing are also known as:

• A) Standing plan
• B) Policy
• C) Standard operating procedure
• D) Both A and C are correct
• E) None of the above answers are correct

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Definitions:

Liable

Being legally responsible for something, especially in terms of owing compensation or facing legal penalties for wrongful actions.

Subagent

An agent appointed by another agent with the principal's approval, to perform tasks or duties related to the principal's assignment.

Authorization

The formal permission granted by a competent authority to carry out a specific action or process.

Principal

The amount of money originally invested or loaned, on which basis interest and returns are calculated.