The Term "Bona Fide Occupational Requirement" Means That an Employer

question 136

True/False

The term "bona fide occupational requirement" means that an employer can choose one worker over another based on overriding characteristics of the job.

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Definitions:

After-Tax Earnings

The amount of net income a firm has after all taxes have been paid, representing the company's profitability.

Retained Earnings

Profits that a company keeps or retains rather than distributing to shareholders as dividends, often used for reinvestment.

Taxable Income

The amount of income subject to tax, after deductions and exemptions, as determined by tax laws.

Quarterly Dividends

These are dividends paid by a corporation to its shareholders every three months, or four times a year, representing a portion of the company's earnings.