The Basic Steps in Developing an Effective Affirmative Action Plan

question 55

Multiple Choice

The basic steps in developing an effective affirmative action plan include all of the following EXCEPT

• A)initiating proactive recruitment and selection methods.
• B)surveying present minority and female employment by department and job classification.
• C)establishing an internal audit and reporting program to evaluate progress.
• D)establishing a quota system and timetable for hiring.

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Definitions:

Implicit Lease Rate

The interest rate implied in a lease agreement, factoring both the lease payments and the value of the leased asset.

Residual Value Guarantees

Assurances provided by a lessee to a lessor that the asset being leased will have a specified minimum value at the end of the lease term.

Lessees

Individuals or entities that obtain the right to use property, plant, and equipment through lease agreements.

Lessors

Individuals or entities that lease or rent an asset to a lessee, often owning the asset during the lease term.