In July 2017 the BBC Produced a List of the Salaries

question 12

True/False

In July 2017 the BBC produced a list of the salaries of all of the 'top talent' who are paid more than £150,000, which showed two-thirds of these 96 high earners, and all of the top seven, were women.

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Definitions:

Bankruptcy

A legal process involving a person or business that is unable to repay outstanding debts, resulting in the distribution of assets to creditors and possibly leading to the discharge of debts.

Liquidation

The process of closing a business and distributing its assets to claimants, typically during insolvency, paying creditors, and shareholders if funds remain.

Reorganization

The process of restructuring a company's business or legal structures for efficiency, to recover from financial distress, or to better align with strategic goals.

Decreasing Expenses

The process of reducing the costs incurred by a business in order to increase profitability.