Jack and Jill Have Identical Skills and Training, but Jill

question 181

Multiple Choice

Jack and Jill have identical skills and training, but Jill earns higher wages in her job. Which of the following reasons would best explain why Jill earns more than Jack?

• A) Jack has a chronic illness and would lose health care coverage if he changed jobs.
• B) Jill suffers from gender discrimination in the workplace.
• C) Jack has better access to information about available jobs in his field.
• D) Jill is reluctant to move to a new city because she wants to live near family.

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Definitions:

Current Asset Items

Assets that are expected to be converted into cash, sold, or consumed within one year or the operating cycle, whichever is longer; includes cash, accounts receivable, and inventory.

Balance Sheet

A financial statement that provides a snapshot of a company's financial position at a specific point in time, showing assets, liabilities, and equity.

Assembly Line Wages

Wages paid to workers who are involved in the operations of an assembly line, typically in a manufacturing process.

Raw Materials

The basic materials that are processed and converted through manufacturing into finished goods.