The _____ Restricts the Right of Employers to Terminate Employees

question 34

Multiple Choice

The _____ restricts the right of employers to terminate employees whose pay is subject to a single garnishment order.

• A) Davis-Bacon Act
• B) Walsh-Healy Public Contracts Act
• C) McNamara-O'Hara Service Contract Act
• D) Consumer Credit Protection Act

---

Definitions:

Temporary Investments

Short-term investments that a company plans to convert into cash within a short period, typically one year or less.

Remote Contingent Liability

A potential financial obligation that is considered to be unlikely to occur; it is noted in financial statements as a footnote to provide full disclosure.

Accrual

A method of accounting that recognizes revenue and expenses when they are incurred, regardless of when cash transactions occur.

Disclosure

Disclosure involves the act of making new or important information known, especially about the financial or operational state of a company.