Which of the Following Statements Concerning Long-Service Leave Is Correct

question 27

Multiple Choice

Which of the following statements concerning long-service leave is correct?

• A) Long-service leave is paid at the employees' average rate of pay over the period for which the leave has accrued.
• B) Long-service leave does not have to be paid to an employee until the required period of employment has been completed,e.g. 10 years, 15 years.
• C) Long-service leave relates to an insurance scheme whereby employees are compensated for injuries, loss of limbs and loss of life while at work.
• D) Long-service leave entitlements were recently abolished by the Australian government.

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Definitions:

Monochronic

A cultural orientation that values doing one task at a time, emphasizing schedules, punctuality, and a linear approach to organizing time.

Geocentric

A viewpoint in international business that sees the world as a potential market with no inherent focus on any specific national market, promoting a global approach to marketing and production strategies.

Regional

Pertaining to or characteristic of a specific geographic area or district within a country, often highlighting local variations.

Polycentric

An approach in international business which assumes that host country cultures are different and businesses must adopt local strategies to succeed.