A Main Consequence of Civil Service Regulations Is

question 38

Multiple Choice

A main consequence of civil service regulations is:

• A) a decrease in the importance of expertise in selecting employees.
• B) the creation of clear and easy rules for dismissing employees.
• C) significant job security for civil servants.
• D) that the political affiliations of appointees are highlighted more so than in the past.
• E) that college degrees are required of all applicants.

Understand what constitutes "cash equivalent" investments.

Know key elements in describing investment objectives: return requirements and risk tolerance.

Differentiate between passive and active asset management strategies.

Recognize the influence of risk tolerance on investment decisions during different stages of life.

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Definitions:

Settlement

An agreement reached between parties in a dispute, often involving payment or other terms, to resolve the dispute without further litigation.

Good Faith

Acting with honesty and integrity.

Collective Bargaining

A procedure for settling terms and conditions of employment by negotiation between an employer and its employees as expressed through representatives chosen by them.

Recognition Dispute

A dispute arising between a union and employer while the union is being organized.