Beth Participates in an Investigation into Possible Violations of Title

question 24

Multiple Choice

Beth participates in an investigation into possible violations of Title VII of the Civil Rights Act at ChemCo Inc., where she is an employee. As a result, the employer demotes her. Beth can file

• A)none of the choices.
• B)a retaliation claim.
• C)a constructive discharge claim.
• D)a disparate-impact discrimination claim.

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Definitions:

Valuation Allowance

An accounting practice used to offset a deferred tax asset on the balance sheet if it is likely that some portion or all of the asset may not be realized.

Deferred Tax Asset

An accounting term for items that will reduce future tax liability due to deductible temporary differences and carryforwards.

Warranty Costs

Expenses associated with repairing or replacing products under warranty.

Installment Sales Method

An accounting technique used to recognize revenue from sales when payments are received in installments over a period of time.