The Worker Adjustment and Retraining Notification (WARN)notice Is Required of Employers

question 86

Multiple Choice

The Worker Adjustment and Retraining Notification (WARN) notice is required of employers with:

• A) 50 employees working within a 75-mile radius.
• B) 100 or more full-time employees.
• C) 300 employees, including both full- and part-time.
• D) less than 70 half-time employees.
• E) more than 200 virtual employees.

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Definitions:

Decreases

A reduction in quantity, size, or the overall level of an economic indicator or financial value.

Expenses With No Cash Outflows

Costs recognized in the accounting period that do not require an immediate cash outlay, such as depreciation.

Expenses and Losses

Outflows or the using up of assets as a result of the company's efforts to generate revenue, including losses from various sources.

No Cash Outflows

A situation or period during which a business or project does not expend cash.