With Which of the Following Strategies for Handling a Labour

question 31

Multiple Choice

With which of the following strategies for handling a labour surplus is the potential for a human rights violation most closely associated?

• A) Early retirement packages
• B) Termination of employment
• C) Work sharing
• D) Reduced work weeks
• E) Job sharing

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Definitions:

Pension Plan Assets

The resources set aside by a company to meet future pension obligations to retirees, usually in the form of investments.

Actuarial Assumptions

Hypothetical conditions used for projecting financial or insurance outcomes, involving demographic, economic, and other factors.

Prior Service Cost

The cost associated with the increase in pension benefits related to years of service credited in a pension plan amendment.

Straight-Line Basis

A method of calculating depreciation and amortization by evenly spreading the cost of an asset over its useful life.