Affirmative Action Refers to a Policy That Does Which of the Following

question 70

Multiple Choice

Affirmative action refers to a policy that does which of the following?

• A) hires minorities without regard to their skills
• B) gives special consideration to minorities in their selection for employment and education
• C) promotes minorities in areas of previous discrimination without the use of quotas
• D) relies exclusively on racial and ethnic quotas to accomplish its goals

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Definitions:

Net Income

The profit a company has after all expenses, taxes, and costs have been subtracted from total revenue.

Foreign Currency Translation

Foreign Currency Translation is the process of converting the financial statements of a company into a single currency when it has operations in multiple currencies.

Property, Plant, And Equipment

Assets in the form of land, buildings, and machinery, acquired for operations and not for resale.

Preferred Stock

Preferred stock is a class of ownership in a corporation that has a higher claim on assets and earnings than common stock, typically paying dividends before common shares and having priority in the event of a liquidation.