What Did Title IX Do

question 17

Multiple Choice

What did Title IX do?

• A) It required every high school to have a co-ed sports team.
• B) It declared same-sex schools unconstitutional except in circumstances in which the school could prove regional necessity.
• C) It made it illegal for schools that received federal assistance to discriminate against girls and women.
• D) It offered financial incentives for schools to create special after-school and sports programs for girls.

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Definitions:

F.O.B Shipping Point

F.O.B Shipping Point (Free on Board Shipping Point) is a shipping term indicating that the buyer assumes ownership and risk of the goods being shipped as soon as they leave the seller's premises.

Perpetual Inventory Method

An accounting method that records the sale or purchase of inventory immediately through the use of computerized point-of-sale systems and enterprise asset management software.

General Journal Entry

A general journal entry is a record in the general journal that is used to document business transactions according to the double-entry bookkeeping system.

Perpetual Inventory Method

The perpetual inventory method continuously updates inventory records and cost of goods sold every time a transaction occurs.