Other Important Policies That Should Be Included in an Employee

question 16

Multiple Choice

Other important policies that should be included in an employee handbook include:

• A) Non-discrimination policy
• B) Lawful harassment
• C) Non-mandatory dress codes
• D) All of the above

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Definitions:

Schedule K-1

A tax document used to report the income, losses, and dividends of a partnership or S corporation's shareholders or partners.

Short-term Capital Gains

Profits from the sale of an asset held for one year or less, taxed at ordinary income tax rates.

Tax Treatment

Refers to the method or rules applied in determining how an item or situation is taxed, affecting the financial outcome.

Rental Income

Income received from renting out property, such as houses or apartments, which is subject to tax.