The Age Discrimination in Employment Act Prohibits the Use of Age

question 97

True/False

The Age Discrimination in Employment Act prohibits the use of age as a BFOQ for any type of employment.

---

Definitions:

Condensed Income Statements

Simplified financial statements that present a summary of a company's revenue, expenses, and profitability over a particular period.

Merchandising Companies

Companies that purchase goods in a finished condition and resell them at a profit without further processing.

Operating Cycles

Operating cycles refer to the average period of time it takes for a business to convert its inventory to sales revenue and then to cash.

Profit Margins

A financial metric measuring the amount of net income generated as a percentage of revenue, reflecting the profitability of a business.