Mutual Trust Is

question 11

Multiple Choice

Mutual trust is

• A) when employees have gained the trust of management
• B) reflected in reasonable, documented employment policies, honestly and equitably implemented to the satisfaction of both management and the employees
• C) when management has gained the trust of the employees
• D) when management recognizes that the employees are competent, motivated people both able and willing to perform at the level required to produce a quality product
• E) when management and the employees both agree on the objectives

---

Definitions:

Disposal

The process of disposing an asset by selling, exchanging, retiring it, or by destroying it.

Sale

A transaction between two parties where the buyer receives goods, services, or assets in exchange for money or other consideration.

Exchange

Exchange involves the act of trading goods, services, currencies, or other instruments between parties.

Impairment Losses

Financial losses recorded when an asset's market price drops below its book value.