The First Step in Employee Termination Is To

question 10

Multiple Choice

The first step in employee termination is to:

• A)make discharge arrangements
• B)follow due process
• C)consult the HR department
• D)hold a discharge meeting
• E)provide outplacement assistance

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Definitions:

Days

Units of time equal to 24 hours, used as a measurement of the duration of events or the interval between them.

Term Deposit

A bank deposit with a fixed term and usually a higher interest rate than a savings account, requiring funds to remain deposited for a specific period.

Maturity

The final payment date of a loan or financial instrument at which point the principal (and all remaining interest) is due to be paid.

Invested

The act of allocating resources, usually money, into something to earn a return or profit.