If an Employee Conducts a Personal Phone Call at Work

question 82

True/False

If an employee conducts a personal phone call at work, the employer can legally eavesdrop and monitor the phone call.

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Definitions:

Long-term Investments

Investments in securities or other assets that a company intends to hold for a period exceeding one year to earn revenue or profit.

Intangible Assets

Non-physical assets that have economic value due to their advantages or rights (e.g., patents, trademarks, goodwill).

Closing Entries

Journal entries made at the end of an accounting period to transfer balances from temporary accounts to permanent accounts and prepare the accounts for the next period.

Future Business

Operations, activities, or engagements that a company plans to undertake in coming periods to increase its profitability and growth.