What are some of the federal and state guidelines that protect the rights of applicants?
What will be an ideal response?
Ultimately, if applicants believe that their rights have been violated (e.g., Civil Rights Laws, 1964, 1991; Fair Credit Reporting Act [FCRA]), they may choose to seek legal redress. For example, the FCRA defines employee background checks as consumer reports. This act contains specific rules about the use of consumer reports in the employment process. Specifically, the FCRA requires employers to give applicants advanced notice when a copy of the consumer report will be used to make hiring decisions; it further mandates that applicants must provide permission prior to organizations using these reports.
A second important law is the Privacy Act of 1974. This act governs the collection, storage, and use of employee data in federal agencies in the United States and prohibits the disclosure of personnel information to third parties without an individual’s consent. Currently, however, there is no similar federal protection for private-sector employees, and among the states, privacy laws differ. Over the last few years, some states have sought to protect applicants’ rights to privacy, including restrictions on the use of off-duty behavior, and place limitations on the collection of background, credit, or arrest records. Several states have also passed laws that limit the degree to which organizations can request social network site passwords or ask applicants to log into their accounts.
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Which of the following categories of investments are debt, but not equity, securities?
a. Trading securities b. Held-to-maturity securities c. Available-for-sale securities d. Both trading and available-for-sale securities
A fair value hedge
a. is a derivative instrument acquired to hedge exposure to changes in the fair value of an asset or liability. b. must be revalued each period and the resulting gain or loss is reflected in contributed capital each period. c. is not revalued each period with no recognition given of the resulting gain or loss in earnings. d. must be accounted for under the lower of cost or market principles. e. must be revalued each period and the resulting gain or loss is reflected in reserves for contingencies each period.
The method of determining depreciation that yields successive reductions in the periodic depreciation charge over the estimated life of the asset is
A) units-of-production B) declining-balance C) straight-line D) time-valuation
Adam’s team has been working together for a long time. All members of the group understand what is expected of them. The team is at the ______ stage of group formation.
A. performing B. storming C. adjourning D. norming