Explain the Meaning of "Provision" and Give an Example

question 74

Essay

Explain the meaning of "provision" and give an example.

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Definitions:

Direct Pay

Wages or salaries that employees receive directly from their employer as compensation for their labor.

Employment Insurance

A government program that provides financial assistance to unemployed workers who meet certain eligibility criteria.

Monetary Problems

Issues related to financial matters, such as budget constraints, inflation, or financial crises affecting organizations or individuals.

Transition

The process of changing from one state or condition to another, often used in the context of personal, professional, or organizational changes.