The Purpose of Floating Holidays Is to Allow Employees To

question 44

Multiple Choice

The purpose of floating holidays is to allow employees to:

• A) extend a Tuesday or Thursday holiday into a long weekend.
• B) decide which national holidays they wish to observe with pay.
• C) take time off for personal reasons on any day of the week.
• D) allow international employees to observe legal holidays within their country of assignment.
• E) pool in the different types of leaves and enjoy long paid vacations.

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Definitions:

Tariffs

Taxes imposed by a government on goods and services imported from other countries, used to control trade, raise government revenue, or protect domestic industries.

Import Quotas

Import Quotas are government-imposed limits on the quantity of certain goods that can be imported, aiming to protect domestic industries.

Debt Relief

A measure or a set of measures aimed at reducing or restructuring the debt of an individual, corporation, or nation to alleviate financial burden.

Foreign Aid

Economic, technical, or military assistance given by one country to another for the purpose of relief and rehabilitation, economic stabilization, or mutual defense.