The Purpose of the Civil Rights Act of 1964 Was

question 23

Multiple Choice

The purpose of the Civil Rights Act of 1964 was to

• A) prohibit discrimination based on age, race, color, religion, sex, or national origin.
• B) require that men and women be paid the same amount for performing similar job duties.
• C) require firms to hire and promote handicapped persons if the firm employs 50 or more employees.
• D) prohibit discrimination against people of ages 40 and older.
• E) found the Equal Employment Opportunity Commission to ensure compliance with the Civil Rights Act.

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Definitions:

Periodic Inventory System

An inventory tracking method where physical counts are performed at specific intervals to determine the cost of goods sold and ending inventory.

Cost of Goods Sold

Directly attributable expenses for creating the goods that a company sells, including materials and labor costs.

Income Statement

A financial statement that shows a company's revenues and expenses over a specific period, highlighting the net profit or loss.

Perpetual Inventory System

An immediate inventory recording technique utilizing computerized point-of-sale systems and enterprise asset management software to document sales or purchases.