Practice question
A union treasurer resigns six months before the fiscal year ends and refuses to render an account because the annual reporting date has not arrived. Is that position correct?
- Yes; resignation cancels all accounting duties.
- Yes; an account is required only every two years.
- Yes; only the incoming treasurer must account.
- No; an account must be rendered only if the employer requests it.
- No; Article 250(l) also requires an account upon vacating office.
Legal references
- https://library.laborlaw.ph/wp-content/uploads/2023/10/2022.Labor_.Code_.DOLE-edition.pdf — Labor Code Article 250(b), (g)–(j), (l)–(m) [formerly Article 241].
Answer this question in flashcards to review your response and continue practicing.