Which of the Following Is True of Early Retirement Programs

question 4

Multiple Choice

Which of the following is true of early retirement programs?

• A) Early retirement programs are part of a company's strategy to lay off employees.
• B) Eligibility for early retirement is usually based on age and years of service.
• C) It is good to exclude the early retirement program from the employee benefit plan.
• D) It is mandatory for the chosen employees to accept early retirement, that is, it is involuntary.

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Definitions:

Declarative Knowledge

Knowledge of information that can be expressed in words.

Retrograde Amnesia

A memory deficit, often suffered after a head injury, in which the patient loses memory for events that occurred before the injury.

Anterograde Amnesia

A condition where an individual is unable to form new memories following the onset of an amnesia-causing event, though long-term memories from before the event may remain intact.

Working Memory

A system for temporarily holding and manipulating information necessary for cognitive tasks such as learning, reasoning, and comprehension.