Which of the Following Is True of the Rights of an Employee

question 15

Multiple Choice

Which of the following is true of the rights of an employee?

• A) For the rights of an employee to exist, they must be contained in a formal employment contract that the employee has signed.
• B) For the rights of an employee to exist, they must be spelled out at the time of appointment.
• C) Moral rights of the employees are typically the result of specific laws or statutes passed by federal, state, or local governments.
• D) An employee's contractual rights are based on a specific contract with an employer.

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Definitions:

Accounting Change

An alteration in accounting principles, estimates, or reporting methodologies in the preparation and presentation of financial statements.

Company Acquires

Involves the process through which one company purchases most or all of another company's shares to gain control of that company.

Merger

The combination of two or more companies into one entity to enhance competitiveness and efficiency.

Eps Numbers

Earnings per share; a financial metric that divides a company's net profit by the number of outstanding shares, indicating the company's profitability on a per-share basis.