The Uniform Guidelines on Employee Selection Procedures Requires Organizations to Keep

question 56

Multiple Choice

The Uniform Guidelines on Employee Selection Procedures requires organizations to keep information about the demographic characteristics of applicants and hires.These records must be kept for which groups?

• A)all groups
• B)only those groups that constitute at least 1% of the relevant labor market
• C)only those groups that constitute at least 2% of the relevant labor market
• D)only those groups that constitute at least 3% of the relevant labor market

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Definitions:

Activity-Based Costing

A costing method that allocates overhead and indirect costs to specific activities, providing more accurate product costing.

Direct Labor Rate

The cost of the work done by those employees who directly manufacture the products, usually measured per hour.

Direct Materials Cost

The expense associated with acquiring raw materials that are directly utilized in the manufacture of goods.

Traditional Costing

Traditional costing is an accounting method that allocates manufacturing overhead based on volume-related measures, such as direct labor hours or machine hours.