The Purpose of an Affirmative Action Program Is to _________________

question 30

Multiple Choice

The purpose of an affirmative action program is to _________________.

• A) require that the employment process be color blind and that race not be considered
• B) require federal government approval of all state hiring decisions
• C) encouraged lawsuits against private companies
• D) create remedies for imbalances caused by previous discriminatory practices
• E) establish quotas for all hiring and admission decisions

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Definitions:

Ordinary Annuity

A series of equal payments made at equal intervals over a period of time, with the first payment occurring at the end of the period.

Present Value

The existing value of a future sum or cash flow sequence, assessed with a certain rate of return.

Compounded Annually

An interest calculation method where interest is added to the principal sum at the end of each year, affecting future interest calculations.

Present Value

The current value of a future sum of money or stream of cash flows given a specified rate of return.