The WARN Act of 1988 Applies to ________

question 42

Multiple Choice

The WARN Act of 1988 applies to ________.

• A)employers with up to 100 employees,not including part-time workers
• B)regular local,federal,and state government entities that provide public services
• C)private,public,and quasi-public entities which operate in a commercial context
• D)employers with employees who work less than 20 hours per week

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Definitions:

Consolidated Expenses

Expenses that are combined from all subsidiaries and the parent company when preparing consolidated financial statements, providing a holistic view of the entity's operational cost.

Common Stock

A type of equity ownership in a corporation, with voting rights and potential for dividends, representing a share in the company's profits and losses.

Additional Paid-in Capital

Additional Paid-in Capital is the amount of money paid by investors for shares in a company above the par value of those shares. It represents extra equity capital invested in the company.

Par Value

A nominal value assigned to a security by the issuer, often used to determine the minimum price of shares issued by a corporation.