Under Australian Awards the Statement Relating to Annual Leave That

question 41

Multiple Choice

Under Australian awards the statement relating to annual leave that is true is:

• A)Employees are generally entitled to two weeks paid annual leave a year
• B)An employee is not entitled to annual leave until he/she has worked for a year with the same employer
• C)Employees are entitled to be paid pro-rata for annual leave not taken if their employment terminates
• D)Annual leave is generally accounted for on a cash rather than an accrual basis

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Definitions:

Legally Liable

Being legally liable means being responsible by law to compensate or bear the consequences for causing damage or injury through actions or failures to act.

Corporation

A legal entity owned by shareholders with rights and liabilities distinct from those of its owners, capable of conducting business.

Sole Proprietorship

A business structure where a single individual owns and operates the business, taking on all responsibilities and liabilities.

Business Sales

The total receipts from goods and services sold by businesses over a specific time period.