The Law That Requires Certain Federal Contractors to Take Affirmative

question 34

Multiple Choice

The law that requires certain federal contractors to take affirmative action in hiring disabled individuals is

• A)the Uniformed Services Employment and Reemployment Rights Act.
• B)the Vietnam Era Veterans' Readjustment Assistance Act.
• C)the Americans with Disabilities Act.
• D)the Vocational Rehabilitation Act.

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Definitions:

Net Operating Income

A financial metric that shows how much profit a company generates from its core business operations, excluding expenses from interest and taxes.

Absorption Costing

An accounting practice that includes the total manufacturing costs, which are direct materials, direct labor, and manufacturing overhead (both variable and fixed), in the valuation of a product.

Net Operating Income

A financial metric representing a company's income after operating expenses but before interest and taxes.

Absorption Costing

A bookkeeping approach that incorporates all production expenses—direct materials, direct labor, and both variable and fixed overhead—into the product's cost.