In Employer-Employee Relationships,informal Understandings NOT Found in Writing Are Called

question 28

Multiple Choice

In employer-employee relationships,informal understandings NOT found in writing are called

• A) illegal.
• B) sidebars.
• C) cartels.
• D) constitutional.
• E) implicit contracts.

---

Definitions:

Net Fixed Assets

The value of a company's property, plant, and equipment minus any depreciation, representing the company's long-term investments.

Operating Cash Flow

The cash generated from the normal operations of a business, indicative of the company's financial health.

Accounts Receivable

The money owed to a company by its customers for goods or services that have been delivered but not yet paid for.

Intangible Assets

Intangible assets are non-physical assets owned by a business, such as patents, trademarks, goodwill, and licensing agreements, known for their long-term value.