The Goal of Comparable Worth Is to

question 26

Multiple Choice

The goal of comparable worth is to

• A) guarantee that all workers, despite their job or occupation, earn the same average wage.
• B) avoid hiring women in low-income jobs so they are forced into higher paying areas.
• C) ensure that women earn less than men so they will meet their domestic responsibilities.
• D) set salaries for occupations independent of the traditional gender composition of the occupation.

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Definitions:

Acid-Test Ratio

A financial measurement that evaluates a company's ability to pay off its current liabilities with its most liquid assets.

Accounts Receivable Turnover

A financial ratio indicating how many times a company's accounts receivable are collected during a specific period, typically a year.

Current Assets

Assets that are expected to be converted into cash, sold, or consumed within one year or within the normal operating cycle of the business, whichever is longer.

Short-Term Debt-Paying

Refers to a company's ability to meet its short-term financial liabilities and obligations.