__________ Requires Organizations to Give Affected Employees 60 Days Written

question 14

Multiple Choice

__________ requires organizations to give affected employees 60 days written notice of when a plant will close or when mass layoff are expected.

• A)Covenant of good faith and fair dealing
• B)Collective bargaining agreement
• C)Fair Ethics Act
• D)Worker Adjustment and Retraining Notification Act
• E)Covenant of disclosure

---

Definitions:

Product Costs

All costs that are involved in acquiring or making a product. In the case of manufactured goods, these costs consist of direct materials, direct labor, and manufacturing overhead. Also see Inventoriable costs.

ABC System

Activity-Based Costing (ABC) System is a method of allocating costs to products and services based on the activities that go into producing them.

Departmental Managers

Individuals responsible for overseeing specific departments within a company, focusing on performance, objectives, and management of departmental employees.

Non-Personnel Costs

includes expenses related to the operation of a business that are not associated with employee compensation, such as materials, utilities, and rent.