Under the Equal Pay Act,discrimination in Pay Is Allowed If

question 47

Multiple Choice

Under the Equal Pay Act,discrimination in pay is allowed if

• A) it arises from a seniority system.
• B) it is confidential.
• C) the work performed by employees is equal but not identical.
• D) it arises from a system based on sexual orientation.
• E) it arises from a system based on gender.

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Definitions:

Exchange Gain

Exchange gain arises when a company holds foreign currency or transactions, and the exchange rate moves in its favor, increasing the value of the foreign currency held.

Loss

A decrease in net assets or wealth, often realized when expenses exceed revenues or when assets lose value and is reflected in the financial statements.

Forward Exchange Contract

A financial contract between parties to exchange currencies at a predetermined rate on a specified future date.

Contractual Obligation

A duty or commitment that is legally enforceable due to a contract agreement.