The Equal Pay Act of 1963 Was

question 191

Multiple Choice

The Equal Pay Act of 1963 was:

• A) the first federal employment discrimination statute
• B) the most recent federal employment discrimination statute
• C) the first state employment discrimination statute
• D) a major setback for supporters of antidiscrimination legislation
• E) none of the other choices are correct

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Definitions:

Straight-Line Depreciation

is a method of depreciating an asset where the asset's cost is evenly spread over its useful life, resulting in equal depreciation expenses each year.

Double-Declining-Balance

An accelerated method of depreciation which doubles the straight-line depreciation rate, applying it to the declining balance of the asset's cost.

Depreciation Journal Entry

An accounting record that reflects the allocation of the cost of a tangible asset over its useful life.

Depreciable Cost

The total cost of an asset that is subject to depreciation over its useful life, excluding salvage value.