Ordinary Employees Do Not Have a Fiduciary Duty And, Unless

question 118

True/False

Ordinary employees do not have a fiduciary duty and, unless there is a valid restrictive covenant in their employment contract preventing them from doing so, they are free to compete with their former employer as soon as they leave.

Differentiate between debit and credit memorandums in the context of bank transactions.

Understand the setup and replenishment process of a petty cash fund.

Learn the accounting treatment for errors and adjustments during the reconciliation and petty cash management process.

Understand the biological, cultural, and social constructionist perspectives on sexuality.

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Definitions:

Rigid Conformity

The strict adherence to societal rules and norms, often suppressing individuality and dissent.

Total Institutions

Places where individuals are cut off from the wider society and their lives are controlled and regulated by the administration of the institution.

Coercive Organizations

Organizations where individuals are compelled to follow strict rules and procedures, often under threat of punishment or force.

Predictability

The quality of being able to be expected or predicted based on past occurrences or known patterns.