A Minimum Notice of Resignation Is

question 14

Multiple Choice

A minimum notice of resignation is:

• A) One week
• B) Two weeks
• C) One month
• D) Six months

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Definitions:

Withdrawals

Amounts taken from a business by the owner for personal use.

Assets

Resources owned by a business or individual with economic value or expected to provide future benefits.

Salaries and Wages

Compensation paid to employees for their services, including both regular salary and hourly wages.

Expenses

The outflows or consumption of assets or incurring/liabilities (creating a liability) from a company's operations aimed at generating revenue.