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CSL Onboarding Program

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Assets Policy

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1. 1. What is the primary purpose of the policy?
A) To define employee rights. B) To outline procedures for handling, using, and protecting company assets. C) To explain the company’s compensation structure. D) To describe the company’s leave policy.
2. 2. What should an employee do if they damage or lose company assets?
A) Report to their immediate manager. B) Report to Human Resources immediately. C) Report to their team members. D) Report to a vendor.
3. 3. When is an employee liable for the cost of repairing or replacing damaged company assets?
A) If the cost exceeds 5% of the original cost. B) If the damage was caused intentionally. C) If the repair or replacement cost exceeds 10% of the asset's original cost or Rs. 1000, whichever is lower. D) If the repair or replacement cost exceeds Rs. 5000.
4. 4. What is the first step an employee must take in case of asset theft?
A) Report to their manager. B) Submit a copy of the FIR to Human Resources. C) File a First Information Report (FIR) with local authorities. D) Purchase a replacement asset.
5. 5. What disciplinary action may be taken for repeated negligence or intentional damage to company assets?
A) Verbal warning only. B) Salary deductions and possible termination of employment. C) Immediate suspension. D) Transfer to another department.
6. 6. How is the cost of vendor asset damage handled?
A) The cost is ignored. B) The cost of repair or replacement is deducted from the employee's salary. C) The vendor bears the cost. D) The cost is split between the vendor and the employee.
7. 7. What should an employee do to prevent damage to company assets?
A) Follow company safety protocols and manufacturer guidelines. B) Only use the assets when necessary. C) Avoid using company assets for work. D) Share the assets with colleagues.
8. 8. What type of training is provided to employees to prevent vendor asset damage?
A) Training on company policies. B) Training on proper handling procedures and the importance of asset care. C) Training on using vendor software. D) No specific training is provided.
9. 9. What is the consequence if an employee does not comply with this policy?
A) The policy is ignored. B) Disciplinary action may be taken. C) The employee will be promoted. D) No consequences.
10. 10. What is the key criterion for deducting the cost of a stolen laptop from the employee's salary?
A) Only if the employee fails to report it. B) Only after filing the FIR report and verifying it. C) If the employee requests a replacement. D) If the laptop is old.