The Fulmer Corporation Prides Itself on Having a Diverse Workforce

question 112

Multiple Choice

The Fulmer Corporation prides itself on having a diverse workforce. However, the majority of the non-white employees work in the Human Resources department, not in development, research, or marketing. This is an example of

• A) racial segmentation.
• B) fair business practices.
• C) affirmative action.
• D) cultural competence.

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Definitions:

Acid-Test Ratio

A financial measurement that evaluates a company's ability to pay off its current liabilities with its most liquid assets.

Accounts Receivable Turnover

A financial ratio indicating how many times a company's accounts receivable are collected during a specific period, typically a year.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Short-Term Debt-Paying

Refers to a company's ability to meet its short-term financial liabilities and obligations.