Which of the Following Is Correct About Employment Relationships?​

question 18

Multiple Choice

Which of the following is correct about employment relationships?​

• A)In the absence of a contract and guarantee, most employment arrangements are "at will."
• B)It is illegal to fire a person if the employer lacks a legitimate reason.
• C)The Taft-Hartley Act protects the employee from unfair practice by the employer.
• D)Sexual harassment is not covered by Title VII.

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Definitions:

AASB 137

An Australian Accounting Standards Board standard related to the accounting for provisions, contingent liabilities, and contingent assets.

Financial Statements

Formal records of the financial activities and position of a business, person, or other entity, typically including balance sheet, income statement, and cash flow statement.

Note Disclosure

Supplementary information provided in financial statements, offering insight into accounting policies, risks, and uncertainties.

Contingent Asset

An asset that might come into existence subject to the occurrence of some uncertain future event.