In College and Graduate School Admissions, the Use of Race

question 9

Multiple Choice

In college and graduate school admissions, the use of race in evaluating applicants:

• A)is a violation of Title VII.
• B)is permitted if it is one of other factors.
• C)is permitted as part of a quota program.
• D)is permitted if there is advance disclosure of its use.

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Definitions:

Gain on Sale

The financial benefit realized when selling an asset for more than its book value or cost basis.

Operating Activities

Activities directly related to the day-to-day operations of a business, including revenue and expense transactions affecting net income.

Operating Activities

Activities that relate directly to the primary operations of the company, such as manufacturing, distributing, marketing, and selling a product or service.

Cash Receipts

All money (cash, checks, electronic transfers) received by a business, recorded in its accounting system, often associated with sales or other income.