The Information in Employee Handbooks Should

question 121

Multiple Choice

The information in employee handbooks should

• A)be updated rarely to avoid confusion
• B)be updated regularly and carefully reviewed
• C)be fairly specific but still vague enough to allow employees some leeway in interpretation
• D)not give specific information on benefit and assistance plans
• E)not discuss human resource activities directly

---

Definitions:

Fund Manager

An individual responsible for making investment decisions for a portfolio of securities, implementing investment strategies for a mutual fund or institutional investor.

Shareholders

Individuals or entities that own shares in a corporation and therefore have an ownership interest in the company.

Privately-Held Firms

Businesses whose ownership is private, meaning their shares are not traded on public stock exchanges.

Securities

Financial instruments that represent ownership positions in corporations (stocks), creditor relationships with corporations or governmental bodies (bonds), or rights to ownership as represented by an option.