Which Statement Correctly Describes Ombuds

question 27

Multiple Choice

Which statement correctly describes ombuds?

• A)They are used primarily during employment negotiating to help settle disagreements and to make a binding decision for them.
• B)They are primarily used to investigate and help settle employee complaints between employers and employees fairly.
• C)They are primarily used to help employers get workers.
• D)They are primarily used to help businesses meet employee rights.
• E)None of these statements are correct.

---

Definitions:

Debt/Asset Ratios

A financial ratio that compares a company's total debt to its total assets, indicating the company's leverage.

Market Capitalization

The total market value of a company's outstanding shares, calculated by multiplying the current stock price by the total number of outstanding shares.

Variance of Earnings

A statistical measure that represents the degree of variation or dispersion of a company's earnings over a specified period.

Standard Deviation

A statistical measure that quantifies the amount of variation or dispersion of a set of data values, often used to measure the volatility of financial returns.