An Argument Made by an Employer That the Decisions to Hire

question 25

Multiple Choice

An argument made by an employer that the decisions to hire, fire, promote, or layoff any employee is based on sound business rationale and not the individual's protected class status:

• A)bona fide occupational qualification
• B)pretext
• C)mixed motives
• D)legitimate nondiscriminatory reason

Apply time value of money concepts to evaluate different financial decisions.

Calculate the duration of loans and savings plans.

Calculate the term of an ordinary annuity in years and months.

Determine the financial impact of additional payments towards a mortgage including interest savings and term reduction.

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Definitions:

Social Performance

An organization’s effectiveness in achieving social objectives and creating positive impact on society, often considered alongside financial performance.

Integrity

Loyalty to rational principles, thereby practicing what one preaches, regardless of emotional or social pressure.

High Morals

The state of having strong ethical principles and adherence to good moral conduct.

Principles

Fundamental truths or propositions that serve as the foundation for a system of belief, behavior, or reasoning.