For an Employer,one of the Most Difficult Employee Dismissal Situations

question 26

Multiple Choice

For an employer,one of the most difficult employee dismissal situations to successfully defend in court is dismissal for just cause in the case of:

• A)insubordination
• B)incompetence
• C)conflict of interest
• D)dishonesty or theft
• E)frailty of character (e.g.drug use,bad or abusive behaviour,and so on. )

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Definitions:

Accounts Receivable Turnover

A financial ratio that measures how efficiently a company collects on its credit sales by comparing net credit sales with the average accounts receivable over a period.

Return On Total Assets

A financial ratio that measures a company's net income relative to its total assets, indicating how efficiently management is using its assets to generate profit.

Working Capital

The difference between a company's current assets and current liabilities, indicating the liquidity available to fund day-to-day operations.

Current Ratio

A financial metric assessing a firm's capability to settle its current obligations using its current assets.