The Courts Have Held That If an Affirmative Action Plan

question 94

True/False

The courts have held that if an affirmative action plan is based on pre-established numbers of percentage quotas for hiring or promoting minority applicants,then it causes illegal retaliatory discrimination.

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Definitions:

Negotiable Checks

Checks that can be converted to cash or equivalent by the holder, allowing for easier transactions and liquidity.

Internal Control

Systems and procedures designed to ensure the accuracy and reliability of financial reporting, compliance with laws and regulations, and effective and efficient operations.

Voucher Register

A record of vouchers that have been prepared, authorized, and paid; it serves as a chronological record of business transactions.

Petty Cash

A small amount of cash kept on hand in a business for making everyday, minor expenditures.