The ________ Is a Federal Act That Requires Employers with One

question 54

Multiple Choice

The ________ is a federal act that requires employers with one hundred or more employees to give their employees sixty days' notice before engaging in certain plant closings or layoffs.

• A)Norris-LaGuardia Act
• B)Labor Management Relations Act
• C)Worker Adjustment and Retraining Notification Act
• D)Labor Management Reporting and Disclosure Act

---

Definitions:

ASPE

Accounting Standards for Private Enterprises, a set of accounting practices and principles for private companies in Canada.

Equity Basis

An accounting method where investments are recorded at the original cost plus or minus any subsequent changes in the value of the invested assets, often used in consolidation.

Cost Basis

The original value of an asset for tax purposes, usually the purchase cost, adjusted for stock splits, dividends, and return of capital distributions.

Unanimous Consent

An agreement method where all parties involved must agree entirely on a decision or action.