Steven Was Fired from His Job After Three Years of Good

question 53

Multiple Choice

Steven was fired from his job after three years of good performance.His boss simply said that the organization was changing and did not need Steven's work any longer.This type of firing is likely acceptable under the doctrine of __________.

• A)employment variability
• B)workplace monitoring
• C)employment-at-will
• D)orientation period

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Definitions:

Capital Investment Analysis

The process of assessing the profitability and risk of potential investment opportunities involving capital expenditures.

Depreciation

Allocating the value of a tangible asset over the period it is expected to be used, in a systematic manner.

Fixed Asset

A long-term tangible piece of property or equipment that a firm owns and uses in its operations to generate income, not expected to be consumed or converted into cash within a year.

Useful Life

The estimated period over which an asset is expected to be usable by an organization, affecting its depreciation calculation.