Mark Is an Engineer Who Has Designed a Telecommunications Device

question 142

Multiple Choice

Mark is an engineer who has designed a telecommunications device. He is convinced that there is a big potential market for the device. Accordingly, he has decided to quit his present job and start a company to manufacture and market the device.The cost of the raw materials that will be used in manufacturing the computer board is:

• A) a sunk cost
• B) a fixed cost
• C) a period cost
• D) a variable cost

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Definitions:

Title VII

A provision of the Civil Rights Act of 1964 that prohibits employment discrimination based on race, color, religion, sex, or national origin.

Civil Rights Act

Landmark legislation in the United States that outlaws discrimination based on race, color, religion, sex, or national origin, primarily known for its application during the 1960s civil rights movement.

Discrimination

The unjust or prejudicial treatment of different categories of people or things, especially on the grounds of race, age, or sex.

Disparate-Impact

Refers to practices in employment, housing, or other areas that adversely affect one group of people more than another, even if unintentional.