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Employment Equity Is a Policy Giving Preference to Minority Group

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True/False

Employment equity is a policy giving preference to minority group members if equally qualified people are available for a position.


Definitions:

Compounded Quarterly

Interest on an investment is calculated and added to the principal sum every three months.

Total Amount

The complete sum or quantity of money or measure when everything is added together.

Payments

Transactions made by a borrower to a lender to repay a loan or to a seller for goods or services.

Compounded Monthly

Describes the frequency at which interest is calculated and added to the principal balance of an investment or loan each month.

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