A USSupreme Court Decision in 2007 Made It More Difficult to Successfully

question 55

Multiple Choice

A U.S.Supreme Court decision in 2007 made it more difficult to successfully sue over pay discrimination based on Title VII of the 1964 Civil Rights Act when they held

• A)that plaintiffs must file a complaint within 180 days of pay setting.
• B)that plaintiffs must file a complaint with the EEOC within a week.
• C)that plaintiffs must pay all legal costs up front before filing a suit.
• D)that employers cannot be held responsible for discrimination on the basis of sex, as opposed to racial or ethnic identity.
• E)None of the above is true.

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Definitions:

Inventory Count

The process of physically counting the items in stock to verify the accuracy of inventory records.

Balance Sheet

A financial statement that shows the assets, liabilities, and stockholders' equity of a company at a specific point in time.

Assets

Resources owned by a business with economic value expected to provide future benefits.

Inventory Turnover

A ratio showing how many times a company's inventory is sold and replaced over a particular period, indicating the efficiency in managing stock.