Advocates of "Comparable Worth

question 23

Multiple Choice

Advocates of "comparable worth"

• A) simply want equal pay for the same job.
• B) base their doctrine on the free-market determination of wages.
• C) believe it is necessary for getting rid of sexual harassment.
• D) women and men should be paid on the same scale for doing equivalent jobs and different jobs involving equivalent skill, effort, and responsibility.

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Definitions:

Completed-Contract Method

An accounting method where revenue and expenses are recorded only when a contract is completed, used primarily for long-term projects.

Percentage-Of-Completion Method

An accounting technique that recognizes revenue and expenses related to long-term projects as a percentage of the work completed during the period.

Cumulative Pretax Income

The total pre-tax income earned by a company over a specified period, before any taxes are deducted.

Useful Life

The period over which an asset is expected to be usable by an entity, affecting its depreciation or amortization schedules.