The Entry to Adjust Salaries Was Done Twice

question 16

Multiple Choice

The entry to adjust salaries was done twice. This error would cause

• A) liabilities to be understated.
• B) liabilities to be overstated.
• C) expenses to be understated.
• D) Capital to be overstated.

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Definitions:

Title VII

Refers to a portion of the Civil Rights Act of 1964 prohibiting employment discrimination based on race, color, religion, sex, and national origin.

BFOQs

Bona Fide Occupational Qualifications - employment qualifications that employers are allowed to consider while making decisions about hiring and retention of employees.

Griggs v. Duke Power

A landmark U.S. Supreme Court case that established the principle of disparate impact in employment discrimination law, requiring employers to justify the necessity of job qualifications.

BFOQ Defense

Bona Fide Occupational Qualification Defense, a legal principle allowing discrimination in hiring if it is reasonably necessary to the normal operation of that particular business.