The Key to Avoiding Lawsuits Over Early Retirement Programs Is

question 130

Multiple Choice

The key to avoiding lawsuits over early retirement programs is to:

• A) give preferential treatment to protected-class individuals.
• B) treat all employees the same regardless of their age.
• C) study the probable impact on the local community.
• D) implement layoffs on a regular basis.

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Definitions:

Planning Horizon

is the time period a planner or decision maker looks into the future for when making strategic decisions.

Financial Plan

A comprehensive document detailing an individual's or organization's long-term financial goals and the strategies to achieve them.

Financial Planning

The process of determining how an individual or organization will afford to achieve its strategic goals and objectives.

Debt Capacity

The ability to borrow to increase firm value.