In Verifying the Identities and Credentials of Job Applicants, Employers

question 41

Multiple Choice

In verifying the identities and credentials of job applicants, employers must use the revised form I-9 for each employee hired and must_____.

• A) permit annual audits of HR records by ICE agents
• B) send copies of all documents submitted by employees to the Immigration and Naturalization Service within 48 hours of hiring
• C) determine whether a job applicant is a U.S. citizen, registered alien, or illegal alien, within 72 hours of hiring
• D) contact the Department of Homeland Security within 24 hours if an illegal alien applies for a job with a government contractor in the transportation sector

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Definitions:

Collateral

An asset that a borrower offers to a lender as security for a loan, which can be seized if the borrower fails to repay the loan.

Callable Bond

A type of bond that gives the issuer the right to pay off the bond before its maturity date.

Debenture

A type of debt instrument that is not secured by physical assets or collateral.

Interest Rate

The fee a lender imposes on a borrower for the utilization of assets, represented as a proportion of the principal amount.