Examlex

Solved

Which of the Following Questions Is Legal to Ask on an Employment

question 41

Multiple Choice

Which of the following questions is legal to ask on an employment application?


Definitions:

Operating Lease Method

An accounting method for leasing whereby the lease payments are treated as an operational expense, without recording the asset and liability on the balance sheet.

Straight-Line Depreciation

An approach that spreads the expense of a physical asset across its productive lifespan in consistent yearly increments.

Capital Lease

A lease classified as a purchase by the lessee for accounting purposes, as it transfers substantially all risks and benefits of ownership.

Present Value

The value today of a sum of money to be received in the future, or a series of future payments, based on a chosen rate of return.

Related Questions