What Year Was the Equal Pay Act Made into Law

question 66

Multiple Choice

What year was the Equal Pay Act made into law?

• A)1963
• B)1964
• C)1965
• D)1974

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Definitions:

Variable Cost

Expenses that change in proportion to the level of goods or services produced, such as raw materials or direct labor costs.

High-Low Method

A technique used in managerial accounting to estimate fixed and variable costs based on the highest and lowest levels of activity.

Electricity

A form of energy resulting from the existence of charged particles, used as a power source.

Variable Component

Denotes a part of a cost or expense that varies directly with the level of activity or output.