Which of the following is TRUE about Affirmative Action?
a. Affirmative action is required by Title VII.
b. Affirmative action is prohibited by Title VII.
c. Affirmative action is allowed in goverment contracts if it can show the programs are needed to overcome specific past discrimination.
d. Affirmative action programs are usually voluntary on the part of employers, since courts have no power to order remedies for past discrimination.
c
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Interpretation is facilitated by identifying the variables that have small loadings on the same factor
Indicate whether the statement is true or false
Which performance management technique involves the description of a large number of actions on the part of the employee, and then classifies these incidents into performance dimensions along a continuum?
A. Behaviorally anchored rating scale B. Operational rating scale C. Ranking D. Critical incidents E. MBO
Which of the following statements about Treasury Stock is correct?
A. The balance in the Treasury Stock account reduces paid-in capital. B. The balance in the Treasury Stock account reduces total Stockholders' Equity. C. The balance in the Treasury Stock reduces Retained Earnings. D. The balance in the Treasury Stock account increases paid-in capital.
Hernandez Company began business operations and experienced the following transactions during Year 1, its first year of operations:1) Issued common stock for $50,000 cash.2) Provided services to customers for $125,000 on account.3) Purchased $2,500 of supplies on account.4) Paid $30,000 cash to rent office space for a 12-month period beginning July 1.5) Collected $115,000 cash from customers.6) Paid cash for $90,000 of operating expenses.7) Adjusted the accounting records to reflect that there was $750 of supplies remaining on hand at year-end.8) Recorded a year-end adjustment to recognize rent expense.Required:a) Record the above transactions on a horizontal statements model, reflecting their effect on the different financial statements. b) Prepare Hernandez Company's income statement,
balance sheet and statement of cash flows for the year ended December 31, Year 1. What will be an ideal response?