Historically a Discrepancy Exists Between the Pay for Women and Men

question 113

Multiple Choice

Historically a discrepancy exists between the pay for women and men of equal qualifications. Which statement most accurately describes this inequality?

• A) Although the pay discrepancy between men and women used to be quite large, it is nonexistent today.
• B) Despite threats of legal action, women still make significantly less than men of equal background.
• C) So much has been done to correct this discrepancy that women, on average, earn more than men of equal qualifications.
• D) The discrepancy in pay has shifted back and forth the last three decades; that is, sometimes women are paid more and sometimes men are paid more.
• E) Women and men of equal qualifications have, for the past two decades, made approximately the same amount of money from similar occupations.

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Definitions:

Manufacturing Overhead

Costs related to the production process that are not directly tied to the product, such as rent for the manufacturing space, utility costs, and salaries for manufacturing management.

Traditional Costing System

A costing method that assigns manufacturing overhead costs to products based on volume metrics such as machine hours or labour hours.

Direct Labor-Hours

The entirety of hours committed by personnel directly involved in the process of production.

Activity-Based Costing

An accounting method that assigns costs to products and services based on the activities and resources that go into producing them, providing more accurate product costing.