An Example of a Bona Fide Occupational Qualification (BFOQ) for Age

question 6

True/False

An example of a bona fide occupational qualification (BFOQ) for age is the argument that a younger employee will project a better, more energetic image to the public.

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Definitions:

Tax Rate

The rate at which a person or business is taxed by the government on their earnings or revenue.

Costs

The monetary value that a company incurs to produce goods or services, which may include expenses related to labor, materials, and overhead.

CCA Class

Stands for Capital Cost Allowance Class, a categorization in Canadian tax law used to determine the depreciation rate for tax purposes on tangible capital assets.

Book Value

The net value of a company's assets, minus its liabilities and intangible assets, as recorded on the balance sheet.