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According to the EEOC,the First Step an Employer Should Take

question 35

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According to the EEOC,the first step an employer should take in establishing an affirmative action program is to survey current minority and female employees to assess their goals for a program.


Definitions:

Outstanding Cheques

Checks that have been written and recorded in the payor's ledger but have not yet been cashed or cleared by the bank.

NSF

An acronym for "Non-Sufficient Funds," indicating that an account does not have enough money to cover a presented check or withdrawal.

Cash Management

The process of collecting, managing, and investing a company's cash flows in a way that maximizes liquidity and profitability.

Operating Cycle

The duration of time it takes for a company to purchase inventory, sell it, and convert the sale into cash through customer payments.

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