Employee Become Disable Due to Disease, Illness, Accident in Such

question 35

Multiple Choice

Employee become disable due to disease, illness, accident in such case management may give him the option of retirement. this is an example

• A)Forced retirement
• B)Premature retirement
• C)Compulsory retirement
• D)Voluntary retirement

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Definitions:

Seasonal Lines

Products or services that experience significant demand variations depending on the time of the year.

Peak Selling Period

The time frame during which sales for a particular product or service reach their highest levels, often related to seasonal demand or specific marketing campaigns.

Credit Risk

The possibility of a loss resulting from a borrower's failure to repay a loan or meet contractual obligations.

Accounting Standards

Are the rules and guidelines that companies must follow when reporting financial data, allowing for consistency, transparency, and comparability.