Which of the Following Organizations Must Comply with Rules and Regulations

question 53

Multiple Choice

Which of the following organizations must comply with rules and regulations that specific government agencies have established to administer the Equal Employment Opportunity Act of 1972?

• A) Nongovernmental organizations with a minimum of 10 employees
• B) State and local governments
• C) Private organizations with a minimum of 10 employees
• D) Labor unions with 5 or more members

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Definitions:

Long-term Debt Contracts

Agreements for borrowing funds that are to be repaid over a period longer than one year.

Weighted-average Shares

A calculation used in financial reporting to compute the average number of shares outstanding during a period, adjusting for any stock splits or dividend issues.

Net Income

The total profit of a company after all expenses, including taxes and operating expenses, have been subtracted from total revenue.

Dividends Declared

A formal announcement by a company's board of directors to pay dividends to shareholders, specifying the amount and payment date.