If a Sexual Harassment Complaint Is Filed, an Employer Is

question 4

Multiple Choice

If a sexual harassment complaint is filed, an employer is legally obligated to take immediate corrective actions. Which of the following is NOT one of those actions?

• A) Separating the involved parties
• B) Confidentially investigating the issues
• C) Taking appropriate steps to prevent future incidents
• D) Firing the person accused of harassment

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Definitions:

Ending Inventory

The worth of items available for selling when an accounting period ends, determined by adding the starting inventory to purchases and then subtracting the cost of goods sold.

Lower Of Cost

An accounting principle that dictates that inventory and other assets should be reported at the lower of their historical purchase cost or current market value.

Market Method

A valuation method used to determine the fair value of assets and liabilities, based on their selling prices in active markets.

LIFO

Last-In, First-Out, an inventory valuation method where the most recently acquired items are recorded as sold first.