Which Act Prohibits an Employer from Paying an Employee of One

question 115

Multiple Choice

Which act prohibits an employer from paying an employee of one gender less money than an employee of the opposite gender where the jobs require equal skills,effort,and responsibility and are performed under similar working conditions?

• A) Walsh-Healey Act
• B) Davis-Bacon Act
• C) Fair Labor Standards Act
• D) Equal Pay Act

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Definitions:

Income Statement

An income statement is a financial document that reports a company's financial performance over a specific accounting period, detailing income, expenses, and profit or loss.

Debit Column

A column in financial ledgers where debits are recorded, typically indicating increases in assets or expenses or decreases in liabilities, equity, and income.

Credit Column

Refers to the right side of a ledger account where entries serve to increase liabilities, revenues, or equity and decrease assets or expenses.

Accounting Cycle

The collective process of recording and processing the accounting events of a company, from when the transaction occurs, to its inclusion in the financial statements.