Race Norming Is the Practice of

question 113

Multiple Choice

Race norming is the practice of

• A) setting a quota designed to balance the racial mix of an employer's workforce.
• B) providing lessons in English to non-English speaking employees.
• C) setting two different cutoff test scores for employment based on race.
• D) firing white employees to accommodate new black hires.
• E) providing more promotion opportunities to members of a particular race at the expense of the others.

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Definitions:

Discounted

refers to a price that has been reduced from the original or list price, often to encourage sales or clear inventory.

Maturity Value

The amount payable to the holder of a financial instrument upon its maturity, including both the principal and the interest.

360-Day Year

A financial convention that simplifies the interest calculation by assuming a year has 360 days.

Maturity Date

The specified date on which the final payment of a loan or financial instrument must be paid, at which point the principal (and all remaining interest) is due to be paid.